According to a recent report, Democratic Sen. from New Jersey, Bob Menendez will soon be establishing a legal defense fund to pay for tens of thousands of dollars in legal fees related to the federal criminal investigation into his dealings with overseas regulators.
Earlier this week, while talking with NBC News, Menendez’s office verified strategies to initiate the fund, as the months-long probes into the senator continued by the U.S. attorney’s office for the Southern District of New York.
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According to documents obtained by NBC, the investigation has already cost Menendez approximately $200,000 of campaign money.
A spokeswoman for Menendez informed the news outlet:
“Senator Menendez is confident that this official inquiry will be successfully closed, but as it is still unresolved he will be opening a separate legal defense fund so as not to drain any further campaign funds.”
Fox News Digital reached out to Menendez’s office for additional comment, but they did not immediately respond.
The investigation, which involves multiple federal agencies, is examining the extravagant gifts given to Menendez’s wife by a New Jersey food producer, who acquired a lucrative contract with the Government of Egypt to verify Halal food exports worldwide.
The investigation is figuring out whether Menendez used his position on the Senate Foreign Relations Committee to influence the agreement.
NBC reports that the committee is in charge of approximately $2 billion in U.S. aid to Egypt.
Menendez maintains his innocence as he denied all of the allegations made against him.