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Scott Asks Ethics Panel To Examine His Finances

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(Photo by Joe Raedle/Getty Images)

(Photo by Joe Raedle/Getty Images)

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Politics

TALLAHASSEE (CBSMiami/AP) – Governor Rick Scott asked an ethics panel to examine his finances to see if a blind trust he set up to handle his massive assets is in compliance with a new state ethics law.

The multi-millionaire former businessman first set up his trust back in 2011 right after he came into office. He set aside nearly $74 million of assets into the account that is controlled by a New York firm.

The new law gives public officials a “safe harbor” from conflict charges if they turn over a complete list of assets that were in the blind trust when it was set up. Scott turned over that information last month.

Lawyers for the ethics commission have concluded that Scott is following the law.

(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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