Since 1991, Mr. Pelosi's real estate partnership investments with Mr. Tsakopoulos have netted him between $1.4 million and $9 million, according to Mrs. Pelosi's personal financial disclosure statements. In 1993, Mrs. Tsakopoulos-Kounalakis joined the business, AKT Development Corp., which was founded by her father, becoming its president in 1997.
Craig Holman, legislative representative for Public Citizen, a Washington, D.C.-based consumer advocacy group, described the appointment of ambassadors as a "favoritism system based on money." He said that in this case, Mrs. Pelosi should have mentioned her family's business ties to the Tsakopoulos-Kounalakis family during the confirmation hearing.
"It would have been better if there was a conflict of interest to clear the air," he said.
No comments:
Post a Comment