Thompson Failed to Report MVP Ties

Controversial Jonesboro Mayor Leslie Thompson failed to report his association with his non-profit company MVP, Inc. on his personal financial disclosure report, according to documents obtained by Lincoln Parish News Online (LPNO).

Thompson is listed as President and a Director of the non-profit corporation. See the Articles of Incorporation here.

See here the financial disclosure reports.

2008 Personal Financial Disclosure
2009 Personal Financial Disclosure

Recall that in our 6/2/10 news story, we reported that Second Judicial (Jackson, Bienville, Claiborne Parishes) District Attorney Jonathan Stewart paid Thompson $11 thousand for political consulting during 2008 race for the office.

See here those reports:

9/15/08-10/15/08
10/16/08-12/04/08

Thompson is required to disclose in accordance with the following statute.

RS 42§1124.2.1. Financial disclosure; members of boards and commissions

A. Each of the following, except a person who is required to file a financial statement pursuant to R.S. 42:1124 or 1124.2, shall annually file a financial statement as provided in this Section:

(1) Each member and any designee of a member of a board or commission that has the authority to expend, disburse, or invest ten thousand dollars or more of funds in a fiscal year.

(4)(a) The name, address, brief description of, and nature of association with and the amount of interest in each business in which the individual or spouse is a director, officer, owner, partner, member, or trustee, and in which the individual or spouse, either individually or collectively, owns an interest which exceeds ten percent of that business.

(b) The name, address, brief description of, and nature of association with a nonprofit organization in which the individual or spouse is a director or officer.

RS 42§1124.4. Penalties

A.(1) If a person fails to timely file a financial statement as required by R.S. 18:1495.7 or by R.S. 42:1124, 1124.2, 1124.2.1, or 1124.3, or a person omits any information required to be included in the statement, or the board has reason to believe information included in the statement is inaccurate, the board shall notify the person of such failure, omission, or inaccuracy by sending him by certified mail a notice of delinquency immediately upon discovery of the failure, omission, or inaccuracy.

(2) The notice of delinquency shall inform the person that the financial statement must be filed, or that the information must be disclosed or accurately disclosed, or that a written answer contesting the allegation of such a failure, omission, or inaccuracy must be filed no later than fourteen business days after receipt of the notice of delinquency. The notice shall include the deadline for filing the statement, filing the answer, or disclosing or accurately disclosing the information

D.(1)(a) A finding by the board after the notice provided for in Paragraph (A)(1) of this Section that a person has willfully and knowingly failed to file a statement, willfully and knowingly failed to timely file a statement, willfully and knowingly omitted information from a statement, or willfully and knowingly provided inaccurate information in a statement shall subject the person to prosecution for a misdemeanor.

See the archive of Jonesboro news stories.

2 Responses to “Thompson Failed to Report MVP Ties”

  1. heard it but still don't believe it Says:

    Oh, you must be mistaken — Mayor Thompson wouldn’t do anything wrong — maybe the question is: would he ever do anything by the books? The present Jonesboro town leadership is just a smaller version of the present presidential leadership — same thing only on different ends of the spectrum!!

  2. just letting u know Says:

    do you really think anyone is going to do anything?its louisiana politics at its best.

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