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ADM sold land to Sonny Perdue s company for fraction of value before he took office An investigation by the Washington Post has found that Archer-Daniels-Midland sold a grain storage plant worth millions for a fraction of its value to Sonny Perdue shortly before he became secretary of agriculture. By Desmond Butler Washington Post June 29, 2021 3:47pm Text size Copy shortlink: It was a curious time for Sonny Perdue to close a real estate deal. In February 2017, weeks after President Donald Trump selected him to be agriculture secretary, Perdue s company bought a small grain plant in South Carolina from one of the biggest agricultural corporations in America. ....
The Post s report quoted experts who said the timing of the deal raised legal and ethical concerns. Georgetown University law professor Julie O Sullivan, a former federal prosecutor, told the publication the deal stinks to high heaven and should result in an investigation. Only a prosecutor with the powers of the grand jury can find out, in fact, whether there was a quid pro quo that existed at the time of the deal, she said. Several members of the Regents, which oversees Georgia s higher education system, declined to comment on the report. Perdue has faced questions about his land deals before. In 2005, he signed into law a measure that allowed Georgia residents to avoid taxes on property sold in Georgia if they purchased similar land in another state. ....
ADM sold Sonny Perdue South Carolina land worth millions for $250,000 in 2017 washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
ADM sold real estate worth millions to Perdue's company for $250,000 thegazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegazette.com Daily Mail and Mail on Sunday newspapers.
Sonny Perdue Made Convenient Land Deal With Archer-Daniels-Midland as Incoming Agriculture Secretary esquire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from esquire.com Daily Mail and Mail on Sunday newspapers.