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Sessoms: McDonnell didn't reveal Williams loans
http://hamptonroads.com/2014/08/sessoms-mcdonnell-didnt-reveal-williams-loansSessoms: McDonnell didn't reveal Williams loans
By Bill Sizemore
The Virginian-Pilot
© August 13, 2014
RICHMOND
Virginia Beach Mayor Will Sessoms provided key evidence Tuesday in the federal corruption trial of former Gov. Bob McDonnell and his wife, Maureen, testifying that the ex-governor failed to reveal off-the-books loans from businessman Jonnie Williams when he refinanced a mortgage loan at Sessoms' bank.
Making false statements on bank loan papers is a felony, one of the charges in the multi-count indictment in the McDonnell case.
Sessoms, who described himself as a longtime friend and political supporter of McDonnell, is president of TowneBank's financial services group in Virginia Beach. The bank held a $722,550 mortgage on one of two rental properties the McDonnells owned in the Sandbridge area.
In 2012, the governor submitted an application to refinance the loan. Documents entered into evidence Tuesday show that the personal financial statement he submitted with the application failed to list any loans from Williams.
1 replies
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= new reply since forum marked as read
It's almost too easy to pile on, except that I was handed the bill by this charlatan.
Williams spent $36,000 on Cape Cod weekend for McDonnells
Bob McDonnell shows off the Rolex watch he received as a gift by his wife Maureen for Christmas
I have a shirt like that. I bought it at a yard sale or thrift store.