Current:Home > InvestTestimony at Sen. Bob Menendez’s bribery trial focuses on his wife’s New Jersey home -FutureProof Finance
Testimony at Sen. Bob Menendez’s bribery trial focuses on his wife’s New Jersey home
View
Date:2025-04-18 03:53:47
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! (5)
Related
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Ukraine’s Zelenskyy taps celebrities for roles as special adviser and charity ambassador
- Maine community searching for Broadway, a pet cow who's been missing nearly a week
- Colleges should step up their diversity efforts after affirmative action ruling, the government says
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Taylor Swift has power to swing the presidential election. What if nothing else matters?
- Taylor Swift has power to swing the presidential election. What if nothing else matters?
- China’s defense minister has been MIA for a month. His ministry isn’t making any comment
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Powerball jackpot nears $1 billion after no winners: When is the next drawing?
Ranking
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- See top 25 lottery jackpots of all time ahead of Wednesday's Powerball drawing
- Next time you read a food nutrition label, pour one out for Burkey Belser
- Hispanic Influencers Share Curated Fashion Collections From Amazon's The Drop
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Monument honoring slain civil rights activist Viola Liuzzo and friend is unveiled in Detroit park
- Production at German Volkswagen plants resumes after disruption caused by an IT problem
- Iowa authorities rescue nearly 100 dogs from apparent puppy mill during routine welfare check
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Jimmy Carter's 99th birthday celebrations moved a day up amid talks of government shutdown
Damaging fraud ruling could spell the end of Donald Trump's New York business empire
Powerball jackpot soars to $925 million ahead of next drawing
Meta donates $1 million to Trump’s inauguration fund
McCarthy rejects Senate spending bill while scrambling for a House plan that averts a shutdown
Scandal's Scott Foley Has the Best Response to Kerry Washington and Tony Goldwyn's #Olitz Reunion
White Sox executive named Perfect Game's new commissioner: 'I want to make a difference'