Economic news

Ex-New Jersey prosecutor takes stand at US Senator Menendez’s corruption trial

2024.06.06 13:36

By Luc Cohen

NEW YORK (Reuters) – New Jersey’s former attorney general took the stand on Thursday at U.S. Senator Bob Menendez’s corruption trial, where he is expected to testify about the once-powerful lawmaker’s attempts to disrupt local criminal prosecutions in exchange for bribes.

Prosecutors have said Menendez sought in 2019 to have Gurbir Grewal, the state’s top prosecutor from 2018 through 2021, intervene in cases involving two associates of insurance and trucking businessman Jose Uribe.

In exchange, Uribe allegedly helped Menendez and his wife Nadine Menendez buy a $60,000 Mercedes-Benz (OTC:) convertible with money disguised as a loan.

Grewal, now head of enforcement at the U.S. Securities and Exchange Commission, considered Menendez’s pressure inappropriate and took no action, prosecutors said. Uribe pleaded guilty this year to fraud and bribery charges and is expected to testify against Menendez.

Menendez, 70, a three-term Democratic senator, has pleaded not guilty to 16 criminal charges including bribery, fraud, acting as a foreign agent and obstruction.

Prosecutors have also said Menendez and his wife accepted hundreds of thousands of dollars of bribes including cash, mortgage payments and gold bars in exchange for political favors and aiding the governments of Egypt and Qatar. 

The senator’s lawyers have blamed his wife for concealing her financial dealings from him.

Nadine Menendez has pleaded not guilty and her trial was postponed to July because she is being treated for breast cancer. Bob Menendez’s trial could last through June. 

Jurors on Wednesday saw logs reflecting a seven-minute phone call from the senator to Grewal on Jan 29, 2019, and text messages two months later from Nadine Menendez asking for her then-future husband’s input on color schemes of two Mercedes convertibles.

“Like them both whatever you prefer,” Bob Menendez texted Nadine on March 30, 2019. 

Grewal’s SEC office frequently collaborates on financial crime cases with the U.S. Attorney’s office in Manhattan, which is prosecuting Menendez. 

Menendez has resisted calls from former Democratic allies to resign, but stepped down as chair of the influential Senate Foreign Relations Committee after he was charged in September.

The corruption trial is his second. A 2017 trial in New Jersey ended in a mistrial after jurors deadlocked. 

© Reuters. U.S. Senator Bob Menendez leaves his  arraignment on a new 18-count indictment that added obstruction charges to bribery and other corruption charges that the New Jersey Democrat already faced, at Manhattan federal court in New York City, U.S., March 11, 2024. REUTERS/Shannon Stapleton/ File Photo

Menendez is seeking re-election as an independent, but faces an uphill battle because he is unpopular with voters.

U.S. Representative Andy Kim on Tuesday won New Jersey’s Democratic primary for Menendez’s seat in the Nov. 5 election. 



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,936.51 0.65%
ethereum
Ethereum (ETH) $ 3,473.30 0.44%
tether
Tether (USDT) $ 0.999417 0.03%
xrp
XRP (XRP) $ 2.30 1.46%
bnb
BNB (BNB) $ 702.31 1.07%
solana
Solana (SOL) $ 198.68 1.21%
dogecoin
Dogecoin (DOGE) $ 0.331654 1.14%
usd-coin
USDC (USDC) $ 1.00 0.01%
staked-ether
Lido Staked Ether (STETH) $ 3,466.63 0.44%
cardano
Cardano (ADA) $ 0.913145 2.33%
tron
TRON (TRX) $ 0.257378 0.12%
avalanche-2
Avalanche (AVAX) $ 40.39 2.15%
chainlink
Chainlink (LINK) $ 24.48 2.75%
the-open-network
Toncoin (TON) $ 5.97 3.61%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,120.33 0.44%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 1.00%
sui
Sui (SUI) $ 4.54 2.37%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,741.46 0.85%
hedera-hashgraph
Hedera (HBAR) $ 0.312979 4.05%
stellar
Stellar (XLM) $ 0.383557 5.14%
polkadot
Polkadot (DOT) $ 7.49 0.81%
weth
WETH (WETH) $ 3,473.93 0.45%
hyperliquid
Hyperliquid (HYPE) $ 28.46 6.25%
bitcoin-cash
Bitcoin Cash (BCH) $ 460.79 2.19%
leo-token
LEO Token (LEO) $ 9.51 0.98%
uniswap
Uniswap (UNI) $ 13.83 5.33%
litecoin
Litecoin (LTC) $ 109.17 0.26%
bitget-token
Bitget Token (BGB) $ 5.78 17.47%
pepe
Pepe (PEPE) $ 0.000018 4.32%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,668.70 0.39%
near
NEAR Protocol (NEAR) $ 5.42 2.11%
ethena-usde
Ethena USDe (USDE) $ 0.999432 0.08%
aave
Aave (AAVE) $ 370.21 2.20%
usds
USDS (USDS) $ 1.00 0.04%
aptos
Aptos (APT) $ 9.61 1.25%
internet-computer
Internet Computer (ICP) $ 11.20 0.11%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.515527 1.93%
crypto-com-chain
Cronos (CRO) $ 0.157458 5.77%
vechain
VeChain (VET) $ 0.051731 1.61%
mantle
Mantle (MNT) $ 1.24 1.01%
ethereum-classic
Ethereum Classic (ETC) $ 27.29 2.86%
render-token
Render (RENDER) $ 7.55 3.40%
bittensor
Bittensor (TAO) $ 501.96 0.75%
monero
Monero (XMR) $ 197.19 2.09%
whitebit
WhiteBIT Coin (WBT) $ 24.99 0.48%
mantra-dao
MANTRA (OM) $ 3.78 0.16%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.35 2.80%
dai
Dai (DAI) $ 1.00 0.08%
arbitrum
Arbitrum (ARB) $ 0.801184 2.26%
filecoin
Filecoin (FIL) $ 5.30 3.11%