State Senator Kemp Hannon, the author of the recently passed law that will require all seventh and twelfth graders in the state to get meningitis shots, has been caught taking large bribes from pharmaceutical and health companies.
State Senator Kemp Hannon, Chair of the New York Senate Health Committee, and author of the recently passed law that will require all seventh and twelfth graders in the state to get meningitis shots, has been caught with his hand in the pot, according to the New York Daily News: specifically, the pharma pot. And to no small sum, mind you. His investments in pharmaceutical and health companies is at $100,000 while it is also being alleged that he has received more than $400,000 from the same interest groups. Hannon’s investments are a direct conflict of interest and he should be charged criminally. This is an act of using your position to influence and write laws for the sole result of personal gain.
Sen. Kemp Hannon (R-Nassau County) in 2014 invested in 14 companies that would fall under his committee’s purview.
By comparison, Assembly Health Committee Chairman Richard Gottfried (D-Manhattan) did not report owning any stock in health-related companies. In addition to his investments, Hannon over the past four years also received more than $420,000 from pharmaceutical and other medical interests, records show.
Hannon’s office had no comment. On the part of his 2014 state financial disclosure form dealing with investments, he wrote that sales and purchases were “at sole discretion of the broker.”