Two bankers appointed to state positions after contributing to President Clinton's 1990 gubernatorial campaign go on trial Monday, accused of stealing from their own bank to cover political contributions.
Herby Branscum Jr. and Robert Hill, owners of Perry County Bank in Perryville, face charges of conspiracy, misapplication of bank funds and making false statements to regulators.The two are accused of submitting false expense vouchers to their bank to repay themselves and others for $13,216.70 in political contributions from 1990 to 1993.
The indictment mentions unnamed federal and state campaigns as well as Clinton's 1990 run for governor.
As governor, Clinton appointed Branscum to the state Highway Commission and reappointed Hill to the state Bank Board. The indictment says that came after Hill delivered at least $7,000 in contributions to Clinton.
The president has denied any wrongdoing and will testify by videotape on July 7.
The videotape probably will be played in court a week or two later. Until then, it will be kept under court seal.