Honolulu City Councilmember Ann Kobayashi has agreed to pay a $500 civil fine for not disclosing a conflict of interest concerning her connection with a credit union.
According to the Honolulu Ethics Commission, Councilwoman Kobayashi admitted that in April 2012 she failed to mention that she was a director of six subsidiaries of Aloha Pacific Federal Credit Union when she introduced and voted on a bill to decrease the real property tax exemption for credit unions.
The commission says that posed a significant conflict of interest, as her obligation as a director of the credit union subsidiaries is to Aloha Pacific while her duty as a member of the council is to the public.
Ethics laws require her to promptly disclose this conflict to the public, a disclosure the commission says she failed to fulfill.
Once the violation was brought to her attention, Councilwoman Kobayashi submitted the formal disclosure and resigned from her director position at the credit union subsidiaries.
Councilmember Ann Kobayashi fined $500 for ethics violationPublished 4:34 PM HST Aug 30, 2013
Honolulu City Councilmember Ann Kobayashi has agreed to pay a $500 civil fine for not disclosing a conflict of interest concerning her connection with a credit union.Recommended