Whitewater Panel Adds to Subpoenas

The Senate Whitewater Committee issued another round of subpoenas on Thursday, seeking documents related to the failed real estate venture that has plagued President Clinton for several years.

Sen. Alfonse M. D’Amato (R-N.Y.), chairman of the committee, announced the issuance of the subpoenas. They were served on both banking institutions and people, including Arkansas Gov. Jim Guy Tucker and James and Susan McDougal, who are all under federal indictment for their role in the failure of a savings and loan involved in the Whitewater affair.

“The committee is now moving into the Arkansas phase of its investigation,” D’Amato said in a written statement. “We will continue to gather the relevant facts. We will be fair, thorough and impartial.”

Tucker and the McDougals are charged in a 21-count federal indictment with conducting fraudulent transactions involving $3 million in loans from Madison Guaranty Savings & Loan, which the McDougals owned, and from Capital Management Services Inc., owned by former Arkansas Municipal Judge David Hale. Hale pleaded guilty in March to two felony counts of fraud.

The Whitewater committee contends the White House has withheld documents in the congressional probe, which is seeking to determine the role of the president and first lady in the failed venture.

Others issued subpoenas Thursday include Chris V. Wade, Whitewater Development real estate agent; Loretta Lynch, staff member of the 1992 Clinton presidential campaign; Jack Palladino, private investigator; Lawrence Kuca, former director of Madison Financial Corp., and Stephen Smith, former business partner of James McDougal and Tucker.