The Lincoln project called Republican Senator David Perdue a “chicken” on Twitter on Twitter after Perdue posted a new TV ad claiming he was “completely acquitted” of corruption allegations by Democrat challenger Jon Ossoff.
The new ad, “Stock Lies,” addresses corruption allegations around Perdue to be investigated for insider trading. Perdue had previously invested hundreds of thousands in a pharmaceutical factory and personal protective equipment manufacturer following a closed Senate briefing on Jan. 24 on the impending coronavirus epidemic.
Perdue’s new ad claims he was not on the Jan. 24 Senate briefing and that he was “completely acquitted” of all violations by the bipartisan Senate Ethics Committee, the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC).
In response to Perdue’s new ad, the Lincoln Project wrote on Twitter, “David Perdue … Chicken, corrupt, loses his job #GASen“.
In their now-viral video of their Oct. 28 debate, Ossoff accused Perdue of sparking Georgia’s coronavirus response because he had to thwart “several federal investigations into insider trading.” Following the debate, Perdue waived all future discussions with Ossoff. Ossoff responded by calling the senator a “coward.”
Shortly after the Senate briefing on the upcoming coronavirus outbreak closed on Jan. 24, Perdue purchased $ 260,000 in supplies from Pfizer, the COVID vaccine developer, $ 105,000 from DuPont personal protective equipment manufacturer, and sold $ 165,000 in supplies to From casino company Caesars Entertainment, which was shuttered in the early days of the pandemic.
While an investigation by the Senate Ethics Committee has clarified Perdue against all violations, “no official documentation” supports the Perdue campaign’s claim that both the DOJ and the SEC have acquitted the senator of financial misconduct, a Perdue campaign spokesman said. Atlanta Journal-Constitution in September.
On November 19, The Daily Beast reported that in December 2018, Perdue purchased $ 190,000 worth of supplies from the Navy’s BWX Technologies, a manufacturer of Virginia-class submarine components, shortly before he was named president of Seapower, head of the Senate subcommittee. . which oversees the Navy and assists in the drafting of the National Defense Licensing Act (NDAA).
The 2019 NDAA has set aside $ 4.7 billion for Virginia-class submarines. According to Beast, BWX is one of three companies that have a contract with the Department of Defense to manufacture their essential parts. Perdue earned between $ 15,000 and $ 50,000 in trading in BWX shares. The value of BWX’s share price has improved with the NDAA submarine contract.
A Perdue campaign spokesman defended himself in the trade by claiming that they had been dealt with “without external financial advisers” [Perdue’s] prior consent or approval. “
On Nov. 20, the Liberal Oversight Group, the legal foundation for American democracy, filed a complaint with the SEC accusing Perdue of insider trading for the deal. A federal law of 2012 called the STOCK Act prevents members of the government from engaging in financial activities without official knowledge that they receive in their official capacity.
Newsweek contacted Perdue’s office for comments.