Word: hud
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WASHINGTON--A former top official from the Department of Housing and Urban Development (HUD) is seeking immunity from prosecution in exchange for testimony implicating former HUD Secretary Samuel Pierce in the scandal over influence peddling at the housing agency, sources said yesterday...
These sources, who asked not to be identified by name, said Deborah Gore Dean has informed congressional investigators she can testify that Pierce personally ordered funding for specific projects under the Section 8 Moderate Rehabilitation program. The program was briefly suspended after HUD auditors criticized the selection process and said a number of prominent Republicans had donated millions of dollars to their clients...
...source said Dean was demanding immunity from prosecution in exchange for answering questions from the House subcommittee investigating abuses at HUD during Pierce's eight-year tenure as secretary...
Word on the negotiations between congressional investigators and Dean came as HUD officials more than doubled--to $1.1 billion--their estimate of the losses in one program suspended because of scandals plaguing the agency...
...Senate Banking Committee also voted to launch its own investigation into HUD operations during the Reagan Administration, joining two House panels already scrutinizing allegations of mismanagement, fraud and influence-peddling at the multibillion-dollar agency...