In a followup to a story I posted yesterday, Dave Umhoefer of the Milwaukee Journal Sentinel has obtained the complaint filed in the lawsuit against Republican U.S. Senate candidate Dave Westlake by Fawaad Kahn, Westlake’s partner in High IQ, LLC, the small business Westlake co-owns and manages. Along with the complaint, additional exhibits have been posted, including emails between Westlake and Kahn relating to High IQ.
Most interesting to me is a passage on page 40 of the exhibits, which happens to be an email sent from Fawaad Kahn to Dave Westlake on November 24, 2008, in which Kahn alleged Westlake had been utilizing High IQ’s business line of credit for Westlake’s own personal expenses, in violation of an SBA loan agreement. In a subsequent email Westlake denies Kahn’s allegation, noting the business’s line of credit was utilized by Westlake to “make guaranteed payments (owner’s compensation)” to Westlake. Later in the exhibits (page 54) Kahn goes on to criticize Westlake’s “bungled and slipshod book-keeping–or lack thereof.” Harsh words indeed, especially given Westlake’s pledge to go to Washington, D.C. to end fraud, waste, and abuse. After all, how would Westlake be able to root out fraud, waste, and abuse in the federal government’s books if he can’t manage his own?