Recently released tax returns suggest that presidential contender Cory Booker failed to disclose a stake in a Russian company when he was running for U.S. senate in 2013 by mtindera07
The returns, which Booker released in April as part of his presidential campaign, show thatmore than $110,000 of stock in Yandex, a Russian search-engine firm, from April 5, 2013 to October 11, 2013. In the middle of that stretch, on May 16, 2013, Booker filed a financial disclosure report. Yet on the report, an accounting of Booker’s assets and liabilities, he did not list Yandex.
When reached for comment, a spokesperson for Booker said in a statement that the campaign was looking into the issue. “Senate financial disclosure rules are complex, particularly in situations like this where Cory donated an asset to charity without receiving any income,” the spokesperson said.
Richard Painter, who served as chief ethics counsel in the George W. Bush administration and later ran for Senate as a Democrat, was also left scratching his head. “It’s a little hard to see this as a technical oversight given the amount of stock, the unusual nature of the investment to begin with for someone in his financial position and the very large size of the charitable contribution.”
His 2013 tax returns show he may have been trying to dispose of certain holdings to avoid disclosing them while he was running. Booker sold $41,000 worth of stock in News Corp and Canadian oil-and-gas company Lone Pine Resources on May 16, 2013, the day he filed his first disclosure. Those holdings also do not appear on that disclosure.
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