From the Missouri GOP:
The collapse of the Nixon-initiated Mamtek deal has turned into a full-blown scandal for Jay Nixon—complete with a shady international company, a massive failure of due diligence, taxpayers on the hook for nearly $40 million, and internal documents that contradict the Nixon administration’s public statements.
So as the scandal continues to unfold, the Missouri Republican Party is releasing 5 important questions for Jay Nixon that remain unanswered:
1) North Dakota officials passed on the Mamtek project because the company officials refused to provide “verifiable financial information” or “a sound business plan.” What documents did the company provide to make the Nixon administration comfortable pitching the project to Missouri cities and committing $17 million in taxpayer incentives to the project?
2) A report from the Post-Dispatch suggested that there may have been no Mamtek facility in the Fujian Provence of China, as company officials publicly claimed. Did the Nixon administration demand proof of the company’s overseas projects before cutting a deal?
3) Yesterday, ratings agency S&P downgraded Moberly’s credit rating—meaning that it will cost the city more to borrow in the future. In addition, city taxpayers could be on the hook for as much as $39 million in debt for the project, which will not create a single new job. Did the Nixon administration warn Moberly officials about the potential risk of taking out tens of millions of dollars in debt to lure a company with no track record in the United States?
4) A top Nixon’s aide told the Columbia Tribune last week that the state had no role in identifying or marketing the project to the city of Moberly—but in fact, this was patently untrue. If this was simply a misstatement, why did the Nixon administration wait until they were confronted with their own internal documents to admit the truth?
5) This is the second time in less than a year that the Nixon administration has failed to do its homework when closing a deal that potentially involves millions of taxpayer dollars (in December, Nixon flew to Cape Girardeau to award more than $2 million to a company whose CEO had been convicted of a felony for writing bad checks). Does Jay Nixon still have confidence in his hand-picked officials in charge of job creation?