Denies loan was a bribe; President says he recused himself from decision
Utah congressman Chris Cannon loaned nearly $100,000 to the president of a Nebraska bank who extended at least $250,000 in credit the following year to the representative's business venture in the state, RAW STORY has found.
Cannon's office confirmed that the congressman had extended a loan of between $50,000 and $100,000 to First National Bank of Gordon, Nebraska president Gary Ruse in September 1996. The following year, the Utah Republican's kosher beef-packing plant, Premium Beef, received a $250,000 to $500,000 loan from Ruse's bank.
First we had the White Water scandal, now the White-Fish Scandal?
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