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ADM sold land to Sonny Perdue's company for fraction of value before he took office


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
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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. ....

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Sonny Perdue's land deal draws new scrutiny


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. ....

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ADM sold Sonny Perdue South Carolina land worth millions for $250,000 in 2017

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.

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