Democratic Sen. Robert Menendez of New Jersey claimed that he kept hundreds of thousands of dollars in cash and gold bullion in his home because of Cuban property confiscations, according to a press conference he held on Monday after his indictment on federal corruption charges.
Menendez, the three-term senior Senator from New Jersey, was indicted on charges of bribery, fraud and extortion for allegedly receiving money from three businessmen in exchange for steering U.S. foreign policy to favor Egypt. In a press conference on Monday, Menendez defended himself against the charges and explained that the money and gold found in his home were drawn from his savings and kept “due to a history of property confiscations in Cuba.”
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