Assistant U.S. Attorney
West said Thursday he never read the rules of the program, which the
West maintained it was an error that the bank took a guaranteed loan under the program, under which the
"I would think that every time you sent something to the
Apparently that's easier said than done. Littleton showed West documents with his signature under language stating that he was responsible for ensuring the representations were correct.
"He always stressed to me the importance of getting everything as accurate as possible," Bornhoft said.
West agreed that he was responsible for filing the form in error, and he wished it would've been accurate because he expected regulators to scrutinize each filing.
"I cannot remember, on
West was under a great deal of pressure at the time, defense attorneys asserted.
He said he remembered talking to examiners about his plan to seek funds under the TLGP, but he could not recall any specific details of the discussion.
After West's testimony, which began Thursday afternoon, several friends, a pastor and co-workers, as well as his wife and mother-n-law, testified that West is honest and trustworthy, and that if he said something under oath they would believe him. Some said they didn't believe he would ever lie.
West, the former CFO of Coastal Community Investments, the holding company that owned
Documents presented during the trial, which will enter a third week when it resumes Tuesday, show several key errors and omissions that the government contends effectively hid the fact that Coastal didn't have the kind of debt that made them eligible for the TLGP.
When Coastal eventually defaulted on the
West, Dubose and Baker have pleaded not guilty and argued during the trial that the errors were merely mistakes. They dispute any contention of a conspiracy or criminal intent.
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