Alonzo Monk testimony, Blagojevich trial update, June 10, 2010

From the Chicago Tribune June 10, 2010.

“Witness says Blagojevich urged silence about money”

“Monk testified Thursday that Blagojevich fundraiser Tony Rezko, currently awaiting sentencing for fraud and other charges, slipped him as much as $90,000 in cash when he was the governor’s chief of staff — typically $10,000 at a time stuffed in an envelope.

Blagojevich has pleaded not guilty to trying to profit from his power to fill the U.S. Senate seat vacated by President Barack Obama and squeezing people for campaign contributions. If convicted, he could be sentenced to up to 415 years in prison, though a judge would consider many factors. Blagojevich also could face fines totaling $6 million.

Monk has pleaded guilty to scheming to pressure a racetrack owner for a contribution and is testifying in hopes of getting a lighter sentence.”

“Monk said Rezko began paying him cash in 2004. At Monk’s wedding, Rezko’s present to Monk was $10,000 in cash and an offer to pay for a remodeling project at the newlyweds’ home. Thanks to the flow of cash, which Monk kept at home, he said he never had to withdraw money from the bank or use an ATM. ”
“Earlier Thursday, Monk testified about how Blagojevich put supporters and fundraisers on state boards that oversaw major business sectors, often at the urging of members of his inner circle. ”

Read more:
http://www.chicagotribune.com/news/local/suburbs/naperville/chi-ap-us-blagojevichtrial,0,391403.story