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Politics

William Jefferson’s Finances Frozen

Earlier today, a federal judge froze Rep. William Jefferson’s (D-LA) asset. As opposed to Jefferson’s usual practice of freezing his own assets.

That headline is just too funny and really just writes itself.

The restraining order issued by U.S. District Judge T.S. Ellis III lists two savings accounts with Dryades Savings Bank and Chevy Chase Bank with a combined value of more than $470,000, plus certain stock holdings that Jefferson is barred from liquidating.

Nearly all the cash is in an account belonging to The ANJ Group LLC. The indictment says it is a Louisiana company established in 2001 and controlled by Jefferson’s family.

A second, smaller account is under the name W2-IBBS, Limited, which according to the indictment was established in Nigeria and controlled by the informant whose complaints about Jefferson sparked the investigation.

Congress can’t boot this guy’s ass out of office fast enough.

Discussion

One comment for “William Jefferson’s Finances Frozen”

  1. Funny.

    Posted by Preston | June 8, 2007, 6:52 am

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