News - State
Ethics Board cites mayor-loan conflict
Posted: Dec 5, 2012 7:32 AM by AP
BATON ROUGE, La. (AP) - The Louisiana Board of Ethics has levied conflict of interest charges against Independence Mayor Michael Ragusa.
The allegations stem from Ragusa's involvement in a loan application to the Town of Independence Historic District Fund that financially benefitted his sons and his daughter-in-law.
Under state law, no public servant shall participate in a transaction "involving the governmental entity in which, to his actual knowledge" any member of his immediate family has a substantial economic interest.
The Ethics Board published the charge on its website and asked the Ethics Adjudicatory Board to set a hearing.
Ragusa told the newspaper Tuesday he has done nothing wrong.
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Information from: The Advocate, http://theadvocate.com
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