Progress NC Action files formal ethics complaint against Gov. Pat McCrory
Gov. McCrory has shown a clear pattern of deceptive omissions of income, stock ownership and even simple membership and affiliation with private corporate interests. With these omissions, McCrory has hidden clear conflicts of interest from the public. The State Ethics Commission should investigate.
RALEIGH – Progress North Carolina Action today filed a formal ethics complaint with the State Ethics Commission against Gov. Pat McCrory, detailing the governor’s clear pattern of deceptive omissions of income, stock ownership, and conflicts of interest between his private financial ties and his public duties as governor.
As numerous press reports have shown, Gov. McCrory has omitted key financial information from his Statements of Economic Interest in several places:
1. McCrory initially failed to accurately disclose ownership of more than $10,000 in Duke Energy Stock on his 2008 and 2014 Statement of Economic Interest (SEI).
2. McCrory failed to disclose more than $185,000 of income from dividends and director fees from Tree.com on his 2014 SEI.
3. McCrory failed to even disclose membership on the board of directors of Tree.com on his 2013 SEI. Tree.com’s mortgage business is regulated by the state.
The 50-page ethics complaint also details other clear discrepancies between public documents of other private firms and McCrory’s ethics disclosure forms. Read More