Current:Home > FinanceTestimony at Sen. Bob Menendez’s bribery trial focuses on his wife’s New Jersey home -Financial Clarity Guides
Testimony at Sen. Bob Menendez’s bribery trial focuses on his wife’s New Jersey home
View
Date:2025-04-13 20:24:34
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! (47)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- The Perseids — the best meteor shower of the year — are back. Here's how to watch.
- 'I put my foot in my mouth': Commanders coach Ron Rivera walks back comments on Eric Bieniemy
- A lawsuit accuses a Georgia doctor of decapitating a baby during delivery
- B.A. Parker is learning the banjo
- Artemis 2 astronauts on seeing their Orion moonship for the first time: It's getting very, very real
- A Growing Movement Looks to End Oil Drilling in the Amazon
- Grimes Shares Rare Insight Into Family Life With Elon Musk and Their 2 Kids
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Unlikely friends: 2 great white sharks traveling together shock researchers
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- Bill Maher Ken-not with Barbie fighting the patriarchy: 'This movie is so 2000-LATE'
- Austin Majors, former child star on 'NYPD Blue,' cause of death ruled as fentanyl toxicity
- Two more men turn themselves in after viral dock brawl in Montgomery, Alabama
- A South Texas lawmaker’s 15
- Robbie Robertson, lead guitarist and songwriter of The Band, dies at 80
- Connecticut police officer shoots and kills a suspect while trapped inside a moving stolen vehicle
- New COVID vaccine and booster shots for this fall to be available by end of September
Recommendation
The Super Bowl could end in a 'three
Taylor Swift tops list of 2023 MTV Video Music Award nominations
Bachelor in Paradise's Abigail Heringer and Noah Erb Are Engaged
MBA 5: Tech and the innovator's dilemma
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Sen. Dianne Feinstein recovering after hospital visit for minor fall at California home
Johnny Manziel's former teammate Mike Evans applauds him for speaking on mental health
2 still sought in connection with Alabama riverfront brawl that drew national attention