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Wednesday, February 06, 2008

GOP Trembling Over Fraud Investigation

NRCC probe scares GOP
Feb 6, 2008 06:10 AM EST
Top House Republicans were told in recent days that a former employee of their campaign committee may have forged an official audit during the contentious 2006 election cycle and that they should brace for the possibility that an unfolding investigation could uncover financial improprieties stretching back several years, according to GOP sources briefed on the members-only discussions.
The National Republican Congressional Committee has retained a forensic auditor to review its accounting for the last several election cycles, the sources said.
The NRCC’s accounting problems were discussed during two high-level conference calls between senior GOP lawmakers on Friday and Monday night, according to Republicans briefed on the calls.
“There is a sense that this could be very damaging to the committee,” said a Republican insider close to the GOP leadership.
The precise details of the suspected accounting irregularities and their possible fallout are not entirely clear. NRCC officials and top GOP leaders are being tight-lipped in large part because the FBI is investigating the matter. An outside lawyer advising members and staff has warned everyone at the committee to keep quiet. >>>cont

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