Adam KlasfeldApr 8th, 2021, 11:42 am
During his first day on the witness stand in a closely watched bankruptcy trial, National Rifle Association chief
Wayne LaPierre conceded Wednesday that he made a “mistake” by not disclosing his excursion on a Hollywood producer’s yacht on conflict-of-interest forms. The gun-group honcho also acknowledged on Thursday that he was disciplined for receiving “excess benefits.”
“Yes, I was disciplined,” LaPierre told the charities bureau chief of the New York State Attorney General’s Office. “I paid it back.”
On the first day of his testimony, LaPierre faced questioning about his excursions on two yachts, the Illusions and the Grand Illusions; all-expense-paid hunting trips in Botswana and other exotic locales for him and his wife; a shopping spree at a Beverly Hills Zegna for Italian suits that ran close to $300,000.
National News
Apr 8, 2021
DALLAS (AP) Wayne LaPierre, the embattled leader of the National Rifle Association, said Wednesday that he put the powerful gun-rights group into bankruptcy without first informing most of its board members and top officials.
LaPierre took the witness stand in the NRA’s high-stakes bankruptcy trial over whether it should be allowed to incorporate in Texas instead of New York, where a state lawsuit is trying to put the group out of business.
LaPierre testified that he consulted with the NRA board’s three-member special litigation committee before filing for Chapter 11 bankruptcy in January. But the notoriously secretive executive acknowledged he did not inform most of the 76-member board and the NRA’s other top leaders.
NRA boss says he didn t tell gun-rights group s leaders before entering bankruptcy dailypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypress.com Daily Mail and Mail on Sunday newspapers.
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NRA’s LaPierre admits he didn’t tell board about bankruptcy, yacht trips
The National Rifle Association declared bankruptcy five months after the New York attorney general sued seeking the group’s dissolution.
By JAKE BLEIBERGAssociated Press
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DALLAS Wayne LaPierre, the embattled leader of the National Rifle Association, said Wednesday that he put the powerful gun-rights group into bankruptcy without first informing most of its board members and top officials.
National Rifle Association CEO Wayne LaPierre attends the National Rifle Association annual convention in Indianapolis in 2019.
Evan Vucci/
Associated Press
LaPierre took the witness stand in the NRA’s high-stakes bankruptcy trial over whether it should be allowed to incorporate in Texas instead of New York, where a state lawsuit is trying to put the group out of business.
LaPierre was giving testimony at a virtual bankruptcy hearing on Wednesday
He said he was trying to find a fair legal playing field when he filed a Chapter 11 in January
The NRA had been sued by the state of New York for corruption
AG Letitia James said LaPierre and his deputies pilfered the company s funds
He defended their spending on Wednesday, saying hunting wildlife was part of the job
He also said that he wanted to get out of toxic New York where he claims the association is being politically targeted
James wants the bankruptcy suit to be thrown out so she can pursue litigation