Local

McDonnell Repays Star Scientific Loans, Apologizes For Any Embarrassment

McDonnell Repays Star Scientific Loans, Apologizes For Any Embarrassment

Governor McDonnell says he’s repaid the loans from Star Scientific CEO Jonnie Williams. McDonnell says the loans have been repaid in full, and he apologizes for any embarrassment it might have caused Virginians. The following statement was released Wednesday afternoon:

“Being Governor of Virginia is the highest honor of my 37 years in public service. I am deeply sorry for the embarrassment certain members of my family and I brought upon my beloved Virginia and her citizens. I want you to know that I broke no laws and that I am committed to regaining your sacred trust and confidence. I hope today’s action is another step toward that end. Virginia has never been stronger and I plan to focus on creating even more jobs and facilitating greater opportunity during the last five months of my term as your Governor. Our work together on education, transportation, pension reform, voting rights, and economic expansion has produced great results for Virginia,” said Governor McDonnell. The repayments include $52,278.17 for a loan made to Mrs. McDonnell in 2011 and $71,837.00 for two additional loans made to the small real estate business owned jointly by the Governor and his sister in 2012. The payments include both principal and interest. All monies used for repayment have come from the Governor, the family business itself, or his family.

Note:  With this announcement today, Governor McDonnell has apologized; he has paid back the loans and, coupled with the Troy report that was released last Friday, it has been demonstrated that neither Star Scientific nor Jonnie Williams received any benefit.”