From the Radio Free Michigan archives

ftp://141.209.3.26/pub/patriot

If you have any other files you'd like to contribute, e-mail them to
bj496@Cleveland.Freenet.Edu.
------------------------------------------------



                      *THE TIMES* (LONDON), 2/3/95 

                 Clinton's ex-banker `concealed payments'

                       BY  Tom Rhodes in Washington 

 
THE indictment of a former Arkansas banker who lent President Clinton money 
for his 1990 gubernatorial campaign has brought the Whitewater investigation 
a step closer to the White House and placed one of the President's aides in 
the spotlight. 
 
 In a five-count action, Neal Ainley, former president of the Perry County 
Bank, has been accused of concealing from the Internal Revenue Service 
withdrawals for the Clinton campaign totalling $52,500 (Pounds 33,000). Under 
federal law, all transactions of $10,000 or more must be reported. 
 
 Although there was no specific reference to others involved in the 
conspiracy, lawyers in the case have identified Bruce Lindsey, the deputy 
White House counsel and one of the President's closest confidants, as a 
participant. 
 
 Mr Lindsey, treasurer of the 1990 Clinton campaign, took part in some of the 
transactions mentioned in the court papers and has admitted writing four 
cheques of $7,500 before the Arkansas primary. He has been a focus of this 
part of the investigation for some time and, in recent months, has spent 
countless hours before a federal grand jury in Little Rock, Arkansas. His 
evidence remains secret. 
 
 In Washington, Allen Snyder, Mr Lindsey's lawyer, said it was not the 
responsibility of his client to see that revenue service reports were filed. 
``Whether the bank did or did not file the report is something for which we 
don't have an answer,'' he said. Lawyers for Mr Ainley said he would deny the 
charges. 
 
 The indictment against Mr Ainley was handed down by the Federal Grand Jury 
in Little Rock looking into the Whitewater affair. Robert Fiske, the former 
Whitewater special counsel, was the first to focus on the dealings of the 
Perry County Bank and last summer he issued subpoenas to unravel the 
transactions between financiers and the Clinton gubernatorial campaign. 
 
Contract inquiry: The Justice Department is considering the appointment of a 
special counsel to investigate Federico Pena, the Transportation Secretary, 
after a firm he founded won a contract to manage $5 million from a Los 
Angeles pension fund. 
 

 
------------------------------------------------
(This file was found elsewhere on the Internet and uploaded to the
Radio Free Michigan archives by the archive maintainer.


All files are ZIP archives for fast download.

 E-mail bj496@Cleveland.Freenet.Edu)