• Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
Dividend Stocks Report
No Result
View All Result
Home Stock News

Ex-N.Y. Gov. Andrew Cuomo ordered to repay $5 million in Covid book money

by
December 14, 2021
in Stock News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Related Posts

Disney Stock Climb 50%, J.P. Morgan Says

Sept 22nd COVID Update: Deaths and Hospitalizations Increased

No More ‘Cash Is Trash’: Billionaire Ray Dalio Says Cash Is Good But Only Temporarily — Here’s How He’s Positioning His Portfolio

Tesla Stock Is Falling. China Is the Reason.

New York Governor Andrew Cuomo speaks during a news conference at his office on March 24, 2021 in New York City.

Brendan McDermid | Pool | Getty Images

A New York state ethics commission on Tuesday ordered disgraced former Gov. Andrew Cuomo to repay more than $5 million he received to write a book about his handling of the Covid-19 pandemic.

Cuomo’s lawyer immediately vowed to fight the demand for repayment.

The order comes a month after the state Joint Commission on Public Ethics took the initial step of rescinding its approval for Cuomo to write the book “American Crisis: Leadership Lessons from the Covid-19 Pandemic.”

Among other reasons for reversing the approval, JCOPE cited misleading claims by Cuomo’s lawyer that no New York government employees would help to write the book.

In fact, investigators have found that government workers were aiding Cuomo with the project at the time his lawyer made the promise last year.

“Contrary to the representations made on behalf of Governor Cuomo, and disclosed to the commission, state property, resources and personnel, including staff volunteers, were used in connection with the preparation, writing, editing and publication of the book,” JCOPE said in a resolution last month.

The board also cited the fact that the book contract had been withheld from JCOPE before approval was issued.

In a statement Tuesday, Cuomo’s lawyer Jim McGuire said, “JCOPE’s actions today are unconstitutional, exceed its own authority and appear to be driven by political interests rather than the facts and the law.”

“Should they seek to enforce this action, we’ll see them in court,” McGuire added.

JCOPE’s order to Cuomo to repay the money is complicated by questions of whether the ethics panel has the power to make such a demand. It is also complicated by the fact that, according to Cuomo’s spokesman, he has donated $500,000 from his book payment to the United Way of New York State and put $1 million from the compensation into a trust for his three daughters.

Cuomo resigned in August in the face of a scathing report from the state attorney general’s office, which concluded that the three-term Democrat sexually harassed nearly a dozen women and that his staff engaged in efforts to try to smear a number of accusers.

Cuomo has denied any wrongdoing but faces several criminal investigations for his alleged actions.

The former governor set a book deal in 2020 with an imprint of publisher Penguin Random House. At the time, he was being widely praised for his management of the Covid outbreak in New York state.

His handling of the crisis has since become viewed less favorably, particularly after disclosures that his administration covered up data about deaths of nursing home residents from Covid.

Last week, a division of HarperCollins Publishers canceled plans to publish a book by Cuomo’s younger brother Chris Cuomo, titled “Deep Denial,” next year.

CNN earlier this month fired Chris Cuomo as the host of a prime-time show on the cable news network after documents released by Attorney General Letitia James revealed that in discussions with Andrew Cuomo’s staff, he shared and discussed passing along negative information about women who had accused his brother of harassment.

Next Post

Wednesday: Retail Sales, FOMC Announcement, Homebuilder Survey, NY Fed Mfg

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Popular Posts

Stock News

Disney Stock Climb 50%, J.P. Morgan Says

by
September 23, 2023
0

Read more

Disney Stock Climb 50%, J.P. Morgan Says

Sept 22nd COVID Update: Deaths and Hospitalizations Increased

No More ‘Cash Is Trash’: Billionaire Ray Dalio Says Cash Is Good But Only Temporarily — Here’s How He’s Positioning His Portfolio

Tesla Stock Is Falling. China Is the Reason.

Powell ‘Is Willing To Inflict That Pain’: Jim Cramer Says The Fed Won’t Stop Raising Rates Until Prices Come Down — Even If There Are Layoffs

Stock Chat Room Reviews & Ratings: Unveiling the Best Options

Load More

All rights reserved by www.dividendstocksreport.net

  • Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
  • Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.