Statement by Representative Les AuCoin Statement on an audit of his House Bank account

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Statement by Representative Les AuCoin about his House Bank account. In particular, he outlines the results of a recent audit of his account, done at his request. In 1991 a government audit of the bank, where House members could deposit paychecks, showed hundreds of members with overdrafts on their accounts. Further investigation eventually revealed that, while a few members intentionally abused the bank, many of these overdrafts were caused by the bank’s delay in processing deposits. In September 1992, the US Department of Justice cleared AuCoin of any wrongdoing with the bank. The House Bank was a major issue in the 1992 election, and AuCoin's involvement was frequently attacked by political opponents. This statement, given on March 17th, 1992, was a response to the criticism. This is one of a collection of digitized objects from the Les AuCoin Papers (MS.147) at the Pacific University Archives. See also PUA_MS147_138 for the letter clearing AuCoin of any criminal violations.