Salt Lake Tribune political coverage for Utah.
The former lieutenant governor said, “I was never in a position to do Brad any political favors, nor did he ask for any.”
Former Utah Lt. Gov. Greg Bell denies allegations in a recent lawsuit that he received a loan, which was allegedly later forgiven, from Brad Wilson. Bell also says he “was never in a position” to do any political favors for Wilson, who is the outgoing Utah House speaker and is now a U.S. Senate candidate.
“In 2006 Brad’s company agreed to buy several lots from my company, as did two other builders. When the financial crisis hit in 2008, it froze credit markets and made these deals unworkable. We returned part of their deposit, and we mutually agreed to resolve all claims and go our separate ways,” Bell said. “We made the exact same arrangement with the two other builders as well. I was never in a position to do Brad any political favors, nor did he ask for any.
The lawsuit also alleged that Wilson lent money to Bell, who was then a Utah state senator, before forgiving the loan, which Bell now denies happened.“David Peterson is a disgruntled former employee of a company that Brad Wilson co-founded,” Hogle said in a statement. “Peterson has sought to transform an unfounded, years-old dispute with his former employer into a groundless lawsuit against Brad Wilson with false allegations timed to smear Brad Wilson and hurt his political campaign.
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