Deal discusses his 2.8-million dollar debt - WALB.com, South Georgia News, Weather, Sports

Deal discusses his 2.8-million dollar debt

THOMASVILLE, GA (WALB) -

By LeiLani Golden - bio | email

THOMASVILLE, GA (WALB) –Republican gubernatorial nominee Nathan Deal failed to report two active loans for nearly three million dollars as required.

That's in addition to millions in other debt.

Deal flew into Thomasville Thursday afternoon for campaign fund raisers there and in Moultrie.

Deal and his business partner owe 2.8-million dollars in loans that Deal should have reported with the State Ethics Commission when he announced he was running for governor.

He calls it an "oversight."

Deal also admits he owes more than 2-million dollars after investing in his daughter's sporting goods store that he says failed because of bad timing.

"So it just did not succeed but we have assets," Deal assures. "We have the building the facility was in that's for sale and we have other assets so we're going to be fine in that regard. It's like a lot of people though. We've taken a hit and many Georgians have done the same thing. These are tough economic times."

Deal has filed an amended disclosure with the state. He says he intends to pay his debts and will not declare bankruptcy.

©2010 WALB News. All rights reserved.   Feedback

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Dougherty Co. DA files indictments for murder, chase cases

    Dougherty Co. DA files indictments for murder, chase cases

    Thursday, April 26 2018 4:59 PM EDT2018-04-26 20:59:48 GMT
    Brandon Kentrell Harris, 28, was charged with murder after a 55-year-old man was found dead in January. (Source: Dougherty County Jail)Brandon Kentrell Harris, 28, was charged with murder after a 55-year-old man was found dead in January. (Source: Dougherty County Jail)

    Dougherty County District Attorney Greg Edwards filed incitements in two cases Thursday that garnered a lot of interest across South Georgia.

    More >>

    Dougherty County District Attorney Greg Edwards filed incitements in two cases Thursday that garnered a lot of interest across South Georgia.

    More >>
  • Store owners prepare for thousands of visitors during Thomasville Rose Show

    Store owners prepare for thousands of visitors during Thomasville Rose Show

    Thursday, April 26 2018 4:09 PM EDT2018-04-26 20:09:54 GMT
    Stores in Downtown Thomasville are preparing for the thousands of people that are expected to be in town over the next three days. (Source: WALB)Stores in Downtown Thomasville are preparing for the thousands of people that are expected to be in town over the next three days. (Source: WALB)
    (Source: WALB)(Source: WALB)

    Stores in Downtown Thomasville are preparing for the thousands of people that are expected to be in town over the next three days. The 97th annual Rose Show and Festival is expected to bring 30,000 people into downtown Thomasville throughout the weekend.

    More >>

    Stores in Downtown Thomasville are preparing for the thousands of people that are expected to be in town over the next three days. The 97th annual Rose Show and Festival is expected to bring 30,000 people into downtown Thomasville throughout the weekend.

    More >>
  • Adopt a shelter pet at Bark in the Park

    Adopt a shelter pet at Bark in the Park

    Thursday, April 26 2018 3:42 PM EDT2018-04-26 19:42:11 GMT
    The Thomasville - Thomas County Humane Society is taking part in the Rose Show and Festival. (Source: WALB)The Thomasville - Thomas County Humane Society is taking part in the Rose Show and Festival. (Source: WALB)
    (Source: WALB)(Source: WALB)

    The Thomasville - Thomas County Humane Society is taking part in the Rose Show and Festival.

    More >>

    The Thomasville - Thomas County Humane Society is taking part in the Rose Show and Festival.

    More >>
Powered by Frankly