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Transcripts For CNNW Anderson Cooper 360 20150529

Charges. Accused of making false statements to the fbi and trying to hide large Financial Transactions that the government alleged was hush money. According to the indictment hastert agreed to pay 3. 5 million identified only as individual a. After meetings between the two five years ago. Payments meant to compensate for his prior misconduct. It doesnt describe what the misconduct was but it said he did know him most of his life and he was a High School Teacher and coach for years. Last year the fbi launched an investigation on the payment and whether he was vying to avoid occurrence transaction payment and using the cash to cover up past misconduct. That is why they are looking into this. A pattern of withdrawing around 10,000 from the bank without an explanation, hastert told fbi agents that the withdrawals were because he did not trust the bank system. The government alleges that was a false statement. It is a stunning turn for the former republican leader who was spouse speaker fro

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