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Friday
Mar072008

GOP Campaign Arm Missing Cash

Authorities investigating possible fraud by a longtime GOP operative have determined that the House Republican campaign committee has lost a substantial sum of money, and several GOP lawmakers believe funds were pilfered from their campaign accounts as well, law enforcement and Capitol Hill sources said yesterday.

The National Republican Congressional Committee, the House Republicans' campaign arm, lost a "significant amount of money," said a law enforcement official who also confirmed that the FBI has begun investigating the committee's longtime treasurer, Christopher J. Ward.

An official close to the NRCC said preliminary reviews of its bank statements and reports to the Federal Election Commission demonstrate clear discrepancies between "what [money] we have and what we should have."

"We don't know if it's a big number or a small number," the official said. "It looks like something was stolen. But we don't have an accurate number. We don't know."

Ward has served as treasurer for dozens of other campaigns and political action committees during a lengthy career as a political operative.

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