Monday, November 03, 2008

Key player doesn't directly deny charges in the Coleman probe.

TPM:

In the last few days, Norm Coleman, who's in a desperate fight to hold onto his U.S. Senate in Minnesota, has had to answer questions about appearing in a suit filed against one of his supporters, a politically connected multimillionaire named Nasser Kazeminy.

Paul McKim alleges in the suit that last year Kazeminy used Deep Marine Technologies to funnel $75,000 to Coleman, a Republican, through the Hays Companies, an insurance brokerage that employs Coleman's wife, Laurie. McKim was formerly the CEO of Deep Marine, which Kazeminy owns.

The suit claims that Deep Marine last year sent money to Hays in three $25,000 installments. These payments, it alleges, were a way for Kazeminy to get money to Coleman, rather than payments for legitimate insurance services provided by Hays.

Late Update: The Hays Companies also released the following statement Friday, which again does not directly deny the charges at the center of Coleman's role in the lawsuit -- that Hays acted as a pass-through for Kazeminy to funnel money to Coleman: Minneapolis -- We believe the allegations in the lawsuit referenced in a story in today's Star Tribune newspaper -- a lawsuit to which we are not a party -- are libelous and defamatory, and we intend to protect our name and our reputation vigorously with whatever means necessary. The allegations that we are not licensed to perform services in Texas are simply false, as are other allegations contained in this disreputable lawsuit that refers to Hays Companies.

Laurie Coleman, who is fully and legally licensed to sell insurance in Minnesota, has been an Independent Contractor for Hays Companies since 2006. We are pleased with her work, and we find any allegations that she accepted money for work she was not responsible for to be outrageous and contemptible.

Laurie Coleman receives no compensation related to the services we provide for our client Deep Marine Technology. In the first half of 2007, we were retained to provide our risk management consulting services, and that work continues at this time.

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