Bloomberg.com continues to lead the way in uncovering the story behind a federal investigation into allegations of pay-to-play in Gov. Bill Richardson’s administration with a new report highlighting the dual role of a man who served as a director for one of the governor’s political action committees while also reportedly working to help a bank that gave money to the PAC win a state bond contract.
Fred DuVal is a Phoenix lobbyist who worked as a consultant for UBS AG. His firm was credited by the bank with helping win “an assignment to sell a portion of $1.1 billion of bonds for the New Mexico Finance Authority in April 2004,” the news organization reported today. That came two months after DuVal was named as a director of Si Se Puede! Boston 2004 Inc., one of two Richardson PACs at the center of the federal investigation that caused Richardson to withdraw his nomination to be commerce secretary a little more than a week ago.
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