Rezko trial: Star witness tells of deal with Kjellander and Cellini

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Stuart Levine continues to drag big names into the Tony Rezko corruption trial. And before we ended for the week this afternoon, he set off some more fireworks bringing in the names of political heavyweights Bill Cellini and Robert Kjellander. Levine said he did a favor for Kjellander by getting a $150 million investment for the Carlyle Group with the Teachers' Retirement System board. Levine sat on the board. Kjellander represented Carlyle. Levine said he didn't expect anything in return -- but he later got it.
After the TRS board approved the investment, Levine said Cellini paid him a visit. Cellini told Levine that he no longer had to pay Kjellander $75,000 for work Kjellander did on behalf of a company Levine represented. "I was very pleased with that," Levine told prosecutor Chris Niewoehner.
Levine said the forgiven debt amounted to a personal benefit he never disclosed to TRS -- even though he was supposed to.

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Natasha Korecki

Natasha Korecki is the Federal Courts Reporter for the Chicago Sun-Times, covering federal news, corruption investigations and trials.

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This page contains a single entry by Natasha Korecki published on March 21, 2008 1:10 PM.

Rezko trial: Tony Rezko's voice heard for first time was the previous entry in this blog.

Rezko trial: Juror dismissed because of illness is the next entry in this blog.

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