Kansas City Chiefs owner Clark Hunt improperly secured hundreds of millions in state investment money through a kickback deal tied to former New Mexico Gov. Bill Richardson’s administration, the state claims in a lawsuit.
The New Mexico State Investment Council filed the lawsuit in late August in the 1st Judicial District Court in Santa Fe. It names as defendants Hunt, HFV Asset Management LP and others, who were named only as “John Does.”
The lawsuit contends that Hunt agreed to a “pay to play” arrangement 12 years ago with political insiders Anthony and Marc Correra. In exchange for kickbacks, the Correras were to use their influence to steer state investment money to a hedge fund firm in which Hunt was a partner.