Indiana News

Indianapolis GOP to Turn Over Durham Donations

Bankruptcy trustee still seeking repayment from Brizzi, Daniels

9/14/2011

Indianapolis Republican Party organizations have reached a deal to hand over most of the campaign donations they received from embattled financier Tim Durham.

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An Ohio bankruptcy trustee is seeking to claw back Durham's donations to reimburse thousands of clients of Durham's Fair Finance Company. Durham is awaiting trial on charges of running the company as a Ponzi scheme.

The Marion County G-O-P and its political action committee had contended Durham's donations were spent long ago, but the party is giving back about 28-thousand dollars of the 33-thousand it received. Chairman Kyle Walker says the donations were "a cloud that hung over us that was unnecessary."

Walker says the party sought and received assurances the money would go to Fair Finance clients, not attorneys' fees.

Walker says Lawrence Mayor Paul Ricketts is turning over a similar percentage.

There's still no settlement with Durham's biggest beneficiaries: former Marion County Prosecutor Carl Brizzi and Governor Daniels. Between them, the two received 420-thousand dollars for their last reelection campaigns.

House Speaker Brian Bosma (R-Indianapolis) and Carmel Senator Mike Delph turned over their Durham contributions earlier this year.

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