The House Committee on Standards of Official Conduct says in a description of ethics violations lodged against Rep. Charles Rangel that a $5 million grant he solicited from a foundation then associated with American International Group Inc. was used to create an academic institution that bears his name. In a "statement of alleged violation," the committee also alleges that, in April 2008, Rangel met with lobbyists for AIG, New York (NYSE:AIG), in hopes of "closing a $10 million gift" for the Charles B. Rangel Center for Public Service, to create an "AIG Hall" in a new facility for the center.
The center is now in a student center that is part of the City College of New York.
The committee alleges that the list of individuals and companies that Rangel and his staff members solicited for donations to the center also included Ken Kies, senior counsel for the Association for Advanced Life Underwriting, Reston, Va.; the MetLife Foundation, New York; and New York Life Insurance Company, New York.
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