Six Areas of House Investigation
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WASHINGTON — The House Ethics Committee will examine six aspects of Speaker Jim Wright’s affairs to determine whether he has violated ethics rules:
--Whether Wright used publication of a 117-page book about him to improperly convert at least $55,000 in campaign funds to his own use. The book, for which Wright received a 55% royalty, was published by Carlos Moore, a longtime associate.
--Whether government resources, including the time and travel expenses of a Wright staff aide, were improperly used in completing the book, “Reflections of a Public Man.”
--Allegations that Wright tried to influence an Interior Department decision in 1979 affecting Texas Oil & Gas Co., which operated an oil well in which Wright had invested.
--Allegations that Wright sought favorable treatment for Neptune Oil Co., a Texas-based firm whose president, Monty Moncrief, had invited him to invest in a profitable gas well.
--Whether Wright exerted undue influence on the Federal Home Loan Bank Board in an effort to help three fellow Texans--two savings and loan executives and a real estate developer.
--Wright’s use of a Ft. Worth condominium owned by a one-time business partner, developer George Mallick.
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