The Obama administration secretly funneled billions of dollars to left-wing organizations through a mortgage slush fund scheme, congressional investigators have discovered.
“Advocates for big government and progressive power are using the Justice Department to extort money from corporations,” Judicial Watch’s Tom Fitton said. “It’s a shakedown. It’s corrupt, pure and simple.”
When big banks are sued by the government for discrimination or mortgage abuse, they can settle the cases by donating to third-party non-victims. The settlements do not specify how these third-party groups could use the windfall.
So far, investigators have accounted for $3 billion paid to “non-victim entities.”
