Retiring Rep. Ben Waide indicted for alleged violations of campaign finance laws
07/29/2014 04:58 PM
Retiring Rep. Ben Waide, R-Madisonville, was indicted Tuesday by Attorney General Jack Conway for alleged violations of Kentucky campaign finance laws during his 2010 re-election campaign.
Waide was indicted on two counts of “knowingly accepting contributions from a corporation,” and “causing funds in his campaign account to be expended for purposes that were not allowable campaign expenditures” which are Class D Felonies.
Each count carries with it a penalty of one to five years in prison and up to a $10,000 fine.
The indictment is the result of an investigation conducted by Attorney General Jack Conway’s Department of Criminal Investigations in response to a January 2014 complaint filed with the Kentucky Registry of Election Finance by shareholders of Liberty Rehabilitation, PSC.
In a press release the Attorney General’s Office said Waide is alleged to have illegally accepted approximately $10,000 in campaign contributions from Liberty Rehabilitation, a company in Madisonville where he was a partner.
Waide is also alleged to have submitted approximately $6,000 in receipts to his campaign fund for reimbursement of expenses he did not incur.
Rep. Jeff Hoover, R-Jamestown, the House Minority Floor Leader said the announcement was just the “first step in the legal process.”
“As the Attorney General previously stated in his release, the charges are only accusations, and Rep. Waide is presumed innocent until proven guilty. We must now allow this situation to proceed in the court of law. It is important to note he did not file for re-election as State Representative,” Hoover said.
Waide, who has served four-years in the legislature, announced his retirement at the end of the 2014 session amid the prospects of running for a judge executive office.
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