T
Thekla
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SAN DIEGO — Rep. Randy “Duke” Cunningham (R-San Diego) promised Thursday to produce financial records to prove that he has done nothing inappropriate by living aboard a yacht owned by the executive of a defense firm that he has supported in its bid to win government contracts.
Though declining to be interviewed, Cunningham issued a statement from his Washington office: “I am putting information and records together so that you will know how much I pay to stay there and you will see that everything we’ve done is appropriate.”
The statement was issued in response to a story in the North County Times, a newspaper in Cunningham’s district, reporting that Cunningham lives aboard a yacht owned by Mitchell J. Wade, president and chief executive of MZM Inc., while in Washington.
The 42-foot yacht is docked at a yacht club on the Potomac River at a boat slip rented by Cunningham. His own boat is being repaired.
Cunningham’s real estate dealings with Wade have become a matter of contention along partisan lines. Wade bought Cunningham’s home in the upscale Del Mar Heights section of San Diego in November 2003 for $1,675,000.
latimes.com/news/local/la-me-duke17jun17,1,1…
The house deal is WAY fishy. I’m not sure about this. In the house deal, the contractor bought his home and then sold it 8 months later at a 700,000 loss. What a scam.
Though declining to be interviewed, Cunningham issued a statement from his Washington office: “I am putting information and records together so that you will know how much I pay to stay there and you will see that everything we’ve done is appropriate.”
The statement was issued in response to a story in the North County Times, a newspaper in Cunningham’s district, reporting that Cunningham lives aboard a yacht owned by Mitchell J. Wade, president and chief executive of MZM Inc., while in Washington.
The 42-foot yacht is docked at a yacht club on the Potomac River at a boat slip rented by Cunningham. His own boat is being repaired.
Cunningham’s real estate dealings with Wade have become a matter of contention along partisan lines. Wade bought Cunningham’s home in the upscale Del Mar Heights section of San Diego in November 2003 for $1,675,000.
latimes.com/news/local/la-me-duke17jun17,1,1…
The house deal is WAY fishy. I’m not sure about this. In the house deal, the contractor bought his home and then sold it 8 months later at a 700,000 loss. What a scam.