A two-month investigation by NC Policy Watch reveals that a powerful state legislator has been raking in six-figure paychecks from two government-funded organizations at the same time he’s railing against government waste and spending! Payments to NC House Rules Chair Rep. Stephen LaRoque (R-Kinston) reached $195,000 a year as the head of two economic development nonprofits – the East Carolina Development Company and Piedmont Development Company. The two organizations have received $8 million in federal funds since 1997, and LaRoque has used them to loan government money to his close associates and political allies. Read all the parts of this fascinating series.
What a stench! LaRoque’s blatant conflicts of interest, and his egregious malfeasance in his operation the USDA-funded non-profits would have had him behind bars long ago, but this hasn’t happened due to the farce the corrupt and sleeping USDA calls oversight. The fatuous complaisance of the organizatins’ officials and board members in general — including family members! — made this shameless theft of public funds and brazen betrayal of public trust as easy as pie, and so rewarding! Honey, I can’t help it, pass me another piece of that pie!
Many, many thanks to ncpolicywatch!