Earlier this week, the Democratic Congressional Campaign Committee released a graph highlighting how taxpayer funds directed to French Hill’s bank spiked by 800 percent following Hill’s donation to corrupt former State Treasurer Martha Shoffner, according to a report in the Democrat-Gazette.
Today, the Democratic Congressional Campaign Committee is releasing the second half of the graph, showing how taxpayer funds directed to Hill’s bank plummeted following Shoffner’s forced resignation.
See for yourself:
From the Democrat-Gazette:
- In 2009, Hill and executives at his bank Delta Trust donated thousands of dollars to corrupt former State Treasurer Shoffner’s re-election campaign;
- In 2010, corrupt former State Treasurer Shoffner directed $200 million in taxpayer spending to Hill’s bank – an increase of 800 percent from the year before his donation — according to records from the State Treasurer’s office;
- In 2013, the year Shoffner resigned, taxpayer funds directed to Hill’s bank plummeted.