The AP reports that the Democratic Governors Association has been asked to turn over documents related to Gov. Bill Richardson and the federal pay to play investigation that tanked his nomination as Commerce Secretary.
Recent news reports say authorities have asked for information involving the DGA as part of the federal “pay-to-play” investigation that derailed Richardson’s nomination for U.S. commerce secretary.
That probe centers on a single financial firm involved in Richardson’s $1.6 billion GRIP transportation program, CDR Financial Products, and its contributions to the DGA and two Richardson political committees — Si Se Puede and Moving America Forward.
A Journal analysis shows three other firms that made millions on GRIP bond work — J.P. Morgan Securities, UBS Bank and RBC Dain Rauscher — also gave to the DGA, contributing a total of nearly $500,000 around the time the transportation financing plan was being developed and finalized.