NRA executives diverted tens of millions of dollars for personal trips and expenditures, lucrative no-show contracts to buy people's silence, and other improper spending, lawsuit filed by New York AG Letitia James contends.
LaPierre, however, allegedly failed to disclose his use of the yacht on NRA financial disclosure questionnaires that he, as an officer and ex-officio director of the NRA, must submit to the NRA secretary each year.
In his testimony, LaPierre said he believed it was NRA policy that he travel by private aircraft at all times for security reasons and that he was unaware of any restrictions on how often he can charter a plane, where he can travel to and how much he can spend. But the suit said the agreement did not undergo a competitive bid process, which violated the NRA's purchasing policy requiring competitive bids and pricing be solicited for goods or services valued at $5,000 or more, and that the contract"must still be reported to the Finance Committee on an annual basis."
For his inner circle, LaPierre handed out gifts from high-end retailers like Neiman Marcus and Bergdorf Goodman that were then expensed to the NRA. Such gifts were in excess of the $25 limit permitted by the IRS, and reimbursement should have been reported as income, according to the suit.
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