Amid Scandal, Virginia Governor Drawing On Real Estate | WAMU 88.5 - American University Radio

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Amid Scandal, Virginia Governor Drawing On Real Estate

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More than $150,000 in loans and gifts to Virginia's governor are being paid back.
(AP Photo/Steve Helber)
More than $150,000 in loans and gifts to Virginia's governor are being paid back.

Virginia Gov. Bob McDonnell is refinancing his private residence and restructuring loans as he repays a businessman and political donor who showered him and his family with gifts.

Court and government records show real estate transactions that could free up cash for McDonnell. The governor and his family are returning gifts and loans totaling more than $150,000 to Jonnie Williams, the Virginia businessman who is CEO of a nutritional supplement maker.

Williams is a central figure in a political scandal that began to emerge in April, when the governor initiated the series of property transactions.

Public documents do not indicate if McDonnell has spent any of the money freed up by those transactions, or whether any of it may have been used to repay Williams.

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