Sen. Murkowski Plans to Sell Alaska Land

[Eugene]

Source: Associated Press

Sen. Murkowski Plans to Sell Alaska Land

Thursday July 26, 2007 8:31 PM

By RACHEL D'ORO

Associated Press Writer

ANCHORAGE, Alaska (AP) - Sen. Lisa Murkowski said Thursday
she and her husband will sell Alaska land back to its owner, a
day after a complaint to the Senate ethics committee about the
purchase of the riverfront property.

“While Verne and I intended to make this our family home and we
paid a fair price for this land, no property is worth compromising
the trust of the Alaskan people,” the Alaska Republican said in
a prepared statement.

Murkowski said the vacant lot was being sold back to a friend, real
estate developer Bob Penney, for $179,400, the same price that
she and her husband, Verne Martell, had paid Penney.

Murkowski has drawn criticism over the purchase late last year of
property along the scenic Kenai River, southwest of Anchorage on
the Kenai Peninsula.

-snip-

Read more: http://www.guardian.co.uk/worldlatest/story/0,,-6807842,00.html

---

Source: Anchorage Daily News

Ethics complaint targets Murkowski land deal

PROFITABLE PURCHASE: Group says she got special treatment.

By RICHARD MAUER and BRANDON LOOMIS
Anchorage Daily News

Published: July 26, 2007
Last Modified: July 26, 2007 at 02:41 AM

A government watchdog group filed an ethics complaint Wednesday against
U.S. Sen. Lisa Murkowski, charging that her 2006 purchase of an exclusive
Kenai riverfront lot was a “sweetheart deal” from Anchorage businessman
Bob Penney.

The complaint, brought by Ken Boehm, chairman of the conservative-leaning
National Law and Policy Center of Falls Church, Va., also charged that
Murkowski filed false information about the land deal on her annual financial
disclosure and obtained special treatment on a mortgage from the Ketchikan
bank where her sister serves as a director.

-snip-

Read more: http://www.adn.com/front/story/9164939p-9081424c.html

[aquart]

1. That seems to indicate some nervousness.

Let it continue. No one who enables this murderous administration should have one good day or one quiet, happy moment. Let them feel the fear they instill.

[Bitwit1234]

2. Doesn't the tune change, WHEN THEY GET CAUGHT.

[Judi Lynn]

3. Not only did the difference in the value of the property represent from 70 to 170,000 as a GIFT

from the seller, the mortgage arranged to pay for it was extended to 39 years as opposed to the maximum 7 years which would have been offered the general public.

Duke Cunningham got "sweetheart" deals like this, too, before he went to prison. Lisa Murkowski is off to a running start in her first elected term as poor Alaska's inherited senator.

That's really some operation Alaska's ugly Republicans are running there.