21 months, involved 41 witnesses and more than 28,000 pages of documents. here are some of them. let s go over to the wall. i want to show you in detail what is in some of these papers and the accusations against rangel. first of all, the money. the committee says that rangel didn t report more than $600,000 on financial disclosure forms, this from the guy overseeing the committee that s supposed to be dealing with taxes. then there s this. take a look. this building, this is the future home of the rangel center for public service at the city college of new york. they named it after charlie rangel. the committee says that rangel violated house rules by pressuring lobbyists and companies to donate money to build the rangel center. one company hit up was aig, which was lobbying the house at the time. they say contributors donated more than $8 million to build the building where allegedly rangel was suppose d to have a very nice, furnished office. also, other allegations. allegations he u
companies to donate money to build the rangel center. aig was hit up, lobbying the house at the time. contributors donated $8 million to the building where rangel was supposed to have a very nice, furnished office. and an apartment here in new york city used as an office, it s supposed to be for people on low income and only for people who actually live in it. rangel didn t live there. it was allegedly an office. then this. this photo, this is charlie rangel sleeping outside his villa in the dominican republic. that s right, he has a villa in the dominican republic, apparently in a yacht club. the committee says that he allegedly reported the incorrect value on the property and also failed to report for several years rental income, according to these reports. now, there s talk tonight that rangel and the committee are working out a deal that would avoid the humiliation of a public trial against him, backroom negotiations and public
among them, raising donations for the so-called rangel center for public service from people who had business before the house ways and means committee which he chaired at the time, failing to report income from a vacation rental property in the dominican republic and violating house rules with a, quote, pattern of submitting inaccurate and incomplete financial disclosure statements. that from a bipartisan committee ofand republicans, equal numbers. the question now is, if this trial goes ahead in september after the august recess as scheduled, right during the height of mid-term election season, how much will it affect the outcome of the mid terms? alan coombs, you say most people don t care about charlie rangel. i don t think it s a big national issue. you expect me to defend rangel as a left wing liberal democrat but look, i can t defend what he did, but let him have the trial and go forth. i think it would be better politically had they made a deal and not go to trial on the eve
suggesting there are 13 count, so 13 charges. it says they relate to four general subject matters. one has to do with solicitations and donations to the rangel center of public service at the city college of new york. it also has to do with errors and omissions on his financial disclosure statements. we were aware he had failed to disclose houchbs thousands of dollars worth of assets on those disclosure statements. he allegedly saved thousands of dollars per month on those rent stabilize apartment buildings. and the fourth matter has to support and pay taxes on the rental income he got from his villa he owns in the dominican republic. 1 count, they have to deal with these four areas.
who himself gave half a million dollars and his company gave half a million dollars, and a few months later that company was pushing for a tax loophole with rangel s committee, the ways and means committee. and then there was another meeting with a lobbyist for aig, the objective of the meeting according to a memo was to secure $10 million for the rangel center, and according to this right here, rangel, himself, asked the aig lobbyists at least twice what was necessary to get done. now, he also used official congressional letterhead which is certainly not allowed, and he additionally submitted repeatedly incomplete and inaccurate financial disclosure statements, and something we knew, but it was confirmed here under investigation, failed to pay taxes on rental income on a vacation home he has in the dominican republic. he says he did not target members with business before his