Former Republican Speaker of The House Dennis Hastert was indicted by the Justice Department (DOJ) on Thursday on charges related to bank transactions and an alleged cover-up of improper withdrawals. Federal prosecutors charged former congressman Hastert, 73, with withdrawing $952,000 while intentionally sidestepping bank reporting regulations. The also charged him with lying to the FBI, who he told he was withdrawing money for personal use. He’s accused of attempting to cover his tracks with multi-million dollar bribe.
“During the 2010 meetings and subsequent discussions, Hastert agreed to provide Individual A $3.5 million in order to compensate for and conceal his prior misconduct against Individual A,” the indictment reads.
The DOJ did not release the name or title of “Individual A,” but implies that the person is a male Illinois resident who has known Hastert for many years. It’s unclear why Hastert was dodging banking requirement in the first place. If it was to cover up other misconduct, this initial indictment could be the tip of the legal iceberg.
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