Report: Docs Show Cummings’s Wife Used Charity to Enrich Her LLC
The wife of House Oversight Committee Chairman Rep. Elijah Cummings (D-GA) has reportedly funneled hundreds of thousands of dollars from her charity to her private LLC, according to the Daily Caller.
The publication reports:
Maya Rockeymoore Cummings’s charity, the Center for Global Policy Solutions (CGPS), paid her for-profit venture, Global Policy Solutions LLC, over $250,000 in “management fees” between 2013 and 2015, according to the charity’s audited financial statements covering those years. The management fees were paid in addition to a cost-sharing agreement where the charity pays for its share of equipment, personnel and other expenditures.
The Washington Examiner previously reported that Rockeymoore Cummings’s charity was funded by companies that had business interests before her husband’s oversight committee.
Cummings told Fox News that the Examiner’s report was “baseless” “These baseless claims come from a group funded by right-wing mega-donors known for their political hit jobs. I am confident that they will be exposed for what they really are – a fabricated distraction from the important work being done on behalf of Americans, such as lowering the skyrocketing prices of prescription drugs.”
For the full Daily Caller report, click HERE.