Thursday, July 5, 2012 - 10:23am
NKS settles campaign finance probe
Updated Thursday, July 5, 2012 - 11:32am
An independent prosecutor appointed by Delaware Attorney General Beau Biden will not take any action against a liquor distributorship whose former executive made illegal campaign finance contributions to political candidates, including Biden's father.
A judge on Thursday approved the non-prosecution agreement between the independent prosecutor, acting on behalf of the state, and NKS Distributors.
While not admitting or denying that former president and CEO Christopher Tigani made illegal contributions to candidates for various state and county offices, NKS agreed to settle the matter for $500,000.
Tigani was sentenced in March to two years in federal prison for illegal campaign contributions made to federal candidates, including Vice President Joe Biden's 2008 presidential campaign.
The independent prosecutor looking into state campaign contributions is expected to release his report later this year.
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