The ACU believes the transaction violates the Senate's ban on gifts.
ACU Chairman David Keene wrote, "sufficient information exists to demonstrate that Senator Obama solicited, received, and accepted a gift greater than $50 from Mr. and Mrs. Rezko, and Senator Obama failed to disclose this gift."
The ACU's full letter is available HERE in PDF format.
"The Obama-Rezko relationship has not been one-sided in terms of favors, and on a number of occasions Senator Obama has acted in a way that could reasonably be construed as favors for Mr. Rezko or his interests," the complaint said. " In 1998, as an Illinois state senator, Obama wrote multiple letters on official letterhead supporting Mr. Rezko’s bid to receive $14 million of taxpayer money to fund the development of an apartment building.Throughout his state legislative career, Senator Obama supported a policy of providing taxpayer dollars to private developers of low-income housing, like Mr. Rezko. More specifically, Senator Obama was the sponsor or co-sponsor of at least eight bills in the Illinois State Legislature that could have benefited Mr. Rezko’s development efforts through public financing."