Current:Home > StocksTestimony at Sen. Bob Menendez’s bribery trial focuses on his wife’s New Jersey home -Wealth Nexus Pro
Testimony at Sen. Bob Menendez’s bribery trial focuses on his wife’s New Jersey home
View
Date:2025-04-18 00:57:15
NEW YORK (AP) — A New Jersey businessman rescued the home of Sen. Bob Menendez’s wife from foreclosure just as the Democrat allegedly helped him secure a lucrative business relationship with Egypt, a lawyer testifying at his bribery trial said Monday.
Attorney John Moldovan told a Manhattan federal court jury that he was working for the businessman, Wael Hana, in July 2019 when he was asked to pay over $20,000 toward the Englewood Cliffs, New Jersey, home’s mortgage.
Moldovan said Hana provided the money that he delivered to a bank to negate the need for a mortgage foreclosure lawsuit.
Menendez, 70, who has pleaded not guilty to multiple charges, moved into the home after the couple married a year later. Hana and Menendez’s wife, Nadine, have pleaded not guilty in the case as well, although Nadine Menendez’s trial has been postponed until July after she was diagnosed with breast cancer and surgery was required.
In 2022, an FBI raid turned up 13 gold bars and over $480,000 in cash in the home, and a federal agent who led the raid testified extensively about it last week, saying tens of thousands of dollars were found stuffed in four jackets where the senator kept his coats. Other cash was found in bags and in a closet safe.
Prosecutors say the gold bars, cash and a luxury car found in the couple’s garage were bribery proceeds.
Lawyers for Menendez have said that the gold bars belonged to his wife and that the senator hoarded cash at home as a reaction to trauma from his family losing everything, except cash, before they fled Cuba — and before he was born.
Moldovan testified that Hana asked him to establish a legal record that the money to pay off outstanding debt on the mortgage was a loan rather than a gift.
In all, Nadine Menendez owed nearly $271,000 on a $320,750 mortgage, Moldovan said.
Prosecutors say the mortgage payment was made just as Hana was securing a monopoly with Egypt to ensure that any meat exported there from the U.S. was certified by Hana’s company to prove it was processed in a manner that conformed with Islamic dietary requirements.
Prosecutors say while he was chairman of the Senate Foreign Relations Committee, Menendez took favorable actions toward Egypt to aid Hana, who had been friends with Nadine Menendez for many years. He had to relinquish the position after his fall arrest.
Among the charges lodged against the senator is that he was acting as a foreign agent of Egypt.
The trial, which began last week, is supposed to last at least another month.
veryGood! (71358)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- A$AP Rocky pleads not guilty to felony charges: What to know about A$AP Relli shooting case
- NFL coaching tracker 2024: The latest interview requests and other news for every opening
- Donald Glover, Caleb McLaughlin play 21 Savage in 'American Dream' biopic trailer
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- U.S. Navy sailor sentenced to over 2 years in prison for accepting bribes from Chinese officer
- $1 million Powerball tickets sold in Texas and Kentucky are about to expire
- Japan earthquake recovery hampered by weather, aftershocks as number of people listed as missing soars
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Microsoft’s OpenAI investment could trigger EU merger review
Ranking
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Tiger Woods' partnership with Nike is over. Here are 5 iconic ads we'll never forget
- Moon landing attempt by U.S. company appears doomed after 'critical' fuel leak
- TV is back! Here are the best shows in winter 2024 from 'True Detective' to 'Shogun'
- The White House is cracking down on overdraft fees
- Timeline: Defense Secretary Lloyd Austin's hospitalization
- Judge issues arrest warrant for man accused of killing thousands of bald eagles
- Will the feds block a grocery megamerger? Kroger and Albertsons will soon find out
Recommendation
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Mean Girls’ Daniel Franzese Reveals Where He Thinks Damien Is Today
Let Kate Hudson's Advice Help You Not Lose Motivation for Your Health Goals in 10 Days
Wisconsin judge rules that absentee voting van used in 2022 was illegal
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Tiger Woods' partnership with Nike is over. Here are 5 iconic ads we'll never forget
Judge issues arrest warrant for man accused of killing thousands of bald eagles
Onetime ambassador Stuart E. Eizenstat to release a book, ‘The Art of Diplomacy’