Tuesday, January 29, 2008

Rezko Must Remain in Jail

WBBM Radio reports:
- A federal judge denied politically connected Chicago businessman Tony Rezko's attempt to reinstate his bond Tuesday a day after his bond was revoked and he was sent to jail.

Rezko has raised thousands of dollars in campaign contributions for Illinois political leaders, most notably Gov. Rod Blagojevich, but also Sen. Barack Obama. Rezko was arrested on Monday at his Wilmette home.

U.S. District Judge Amy J. St. Eve said at a hearing Monday that she should have been told about money matters such as $3.5 million Rezko received from a company based in Lebanon after he told her he had no income and that explanations offered by four Rezko lawyers at the hearing failed to dissuade her.
Rezko has until February 1 to cut a deal.