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Updated 11/04/2009 06:25 PM

Investment Company Employee Shares Details Of Bruno's Deals

By: NY1 News

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The lawyer for an investment company that paid former State Senate Majority Leader Joe Bruno to generate business testified Wednesday at the former senator's federal corruption trial.

Helen George of Wright Investors' Service said her company's files contained none of the disclosure statements that Bruno was required to present to clients.

Prosecutors say Bruno, 80, pocketed more than $3 million for using his leadership position to arrange business deals and win contracts and grants with state agencies, including more than $1 million from Wright.

George, who was testifying with immunity, said Securities and Exchange Commission rules required Bruno to tell unions he was getting paid by her firm when he solicited pension fund investments from them.

Outside the courthouse, Bruno denied any wrongdoing.

"I'm not going to discuss witnesses or what's going on in court, but as I said, we broke no laws," he said.

When former senate executive counsel and current State Judge Francis "Tim" Collins was asked by Bruno's attorney Tuesday if he was asked by the former state leader to conceal any deals, Collins responded, "Never, not once. If I had, I wouldn't have gone along with it."

"Very unusual to see a sitting judge on the stand providing testimony for a defendant. It was tough going, he seemed very reluctant at times," said legal analyst Paul DerOhannesian. "The major issue was whether or not he was giving advice for the senator and knew about the union business he would be doing and knew about the commissions. In the courtroom he first said he was aware of it or was probably aware of it, but in the grand jury, 180-degrees different. He didn't know about these activities."

The government's first witness yesterday, a lobbyist, testified about a land deal he worked on with Bruno. During cross-examination, he said Bruno was a step removed from the deal.

A man whose investment company employed Bruno also testified yesterday, saying the former senator initially earned $24,000 from the company but made $72,000 the year after he became the majority leader.

Bruno, who is charged in an eight-count federal indictment with defrauding the public, retired from office in July 2008 after 32 years in the State Senate.