Posted on 02/03/2006 4:19:33 AM PST by Liz
LOL! Or in this case cement dental floss :-)
I added NJ to the topics list.
from what I was told, when petillo was a priest/monsignor and Chancellor of Seton hall university and the seminary, he accepted stock from a food vendor as a payoff for the contract. this man is rotten to the core. let's face it he's well connected to the NJ pro-abortion, escr, democrat party.
Dr Petillo was investigated for awarding of contracts while at Seton Hall, and for issues surrounding the purchase of his vacation house while at Seton Hall. The following quote is from the Home News Tribune, 1/29/04: "Although he was never charged with wrongdoing, Petillo became the subject of a federal probe focusing on his purchase of a $350,000 house in Forked River and the awarding of contracts at Seton Hall."
Under Petillo, UMDNJ has been beset by a series of revelations about shady financial practices: awarding of $126 million in no-bid government contracts, payment of $900,000 to unnamed, so-called lobbyists and using UMDNJs foundation for laundering government monies for political contributions.....or, as its more commonly known........government fraud.
Ominously, even before he came to UMDNJ, Dr. Petillo was part of a group of people sued by a bankruptcy trustee overseeing the money-laundering case of jailed New Jersey felon, onetime financier Robert Brennan.
EXCERPT: For Petillo, lost clout and grim prospects
Friday, December 30, 2005 BY TOM MORAN
Star-Ledger Staff
http://www.nj.com/news/ledger/index.ssf?/base/news-4/1135921524198480.xml&coll=1
The captain of the Titanic at least showed the good manners to go down with his ship. Not John Petillo. He is scrambling for a seat on a lifeboat. And it's not a pretty thing to watch..........
U.S. Attorney Chris Christie.......had enough evidence to indict the entire organization, a move that would automatically cut off federal funds and destroy UMDNJ. By sending in a monitor instead, he is saying this place is worth saving. Not only for the nearly 15,000 jobs at stake, but for the medical care provided to the poor and the research done by faculty.
But it's looking like Petillo won't be the man to steer UMDNJ to that higher ground........ Despite all this gloom, Petillo tried yesterday to spin the federal takeover as good news. "I am delighted," he said. "Now we can really start moving and doing things." You almost have to feel sorry for him.
He is a former priest, a gourmet cook, a former health insurance executive, and a charming guy with intelligence to spare. But if he believes his own spin, he is also delusional.
.....Petillo was on the UMDNJ board before he became president. And the payments to the politically connected continued after he took office. He approved a $300,000 grant to Steve Adubato, the Newark power broker, which turned out to be more than Adubato could spend.
It was on his watch that Newark Councilwoman Gayle Chaneyfield Jenkins got $10,000 for a charity that turned out to be unregistered.
And it was under Petillo that the executive suites were burglarized over and over, and e-mails relevant to this investigation were deleted from computer hard drives.
He was so tone-deaf that, in the midst of it all, he fought to preserve bonuses for his executives -- including the chief suspects in the fraud case.
I don't think the criminals in jail are as corrupt as every 'professional' in NJ.
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