Gov. Pete Ricketts expresses confidence in state Economic Development Director Brenda Hicks-Sorensen, who has been mentioned in news articles questioning a loan made by her former employer.
The $500,000 loan provided to a donor of Wisconsin Gov. Scott Walker is now in default. The loan was approved by the Wisconsin Economic Development Corporation during Hicks-Sorensen’s tenure there.
Ricketts, speaking to reporters from Europe during his trade mission, says Hicks-Sorensen did nothing wrong.
“Well, I’m confident that Brenda behaved exactly in the right way,” Ricketts says. “What needs to happen is a lot of the facts and circumstances actually need to come out with regard to what the process was, who was responsible, and who was making the loan there in Wisconsin.”
Hicks-Sorensen says more will be revealed about the loan next month.
“I’m completely comfortable with what my role had been and my actions,” Hicks-Sorensen tells reporters.
Hicks-Sorensen says the Wisconsin Economic Development Corporation has begun its own investigation of the loan. She says it is scheduled to make a presentation to its board of directors July 20th, when the board is expected to make further public comments on the issue.
Hicks-Sorensen was appointed Nebraska Economic Development Director by Gov. Pete Ricketts in January.
Wisconsin Gov. Walker is a presumed Republican presidential candidate.