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Published On: Fri, Jan 18th, 2013

Breaking News: Ray Nagin indicted on federal corruption charges

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WASHINGTON DCDaily News has just obtained a federal indictment report  in the arrest of former New Orleans mayor Ray Nagin. The report,  notes that Nagin — who was indicted this evening  is not only wanted on ‘conspiracy charges’ but is also  wanted in questioning  to a city contractor case.

Daily News subsequently learned while obtaining the indictment report, that Nagin throughout 2006-2008 reportedly filed false income tax returns. Most notably in 2007, Nagin, as heard by the Grand Jury earlier this afternoon claimed in 2007, following Hurricane Katrina  that his income was flatly at $150,000 while it wasn’t.

Nagin, wanted mostly for bribery and kickback schemes  reportedly awarded special treatment to workmen while receiving personal checks, money orders, and free travel on the dime of the city.

“Today’s indictment of former Mayor Ray Nagin alleges serious violations of the public’s trust,” Landrieu said in a prepared statement. “Public corruption cannot and will not be tolerated.”

He is also wanted for allegedly receiving compensation in the form of granite via  a city contractor.

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- Derick Jacobs is the founder of The Bendell Corporation. Bendell Corp has 4 different companies in its catalog, including publishing rights, a music distribution company, and an image library with thousands of images inside.

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