Bank examiner testifies in slaughterhouse trial - KWWL - Eastern Iowa Breaking News, Weather, Closings

Bank examiner testifies in slaughterhouse trial


SIOUX FALLS, S.D. (KWWL) -- A bank official has testified that the books at a kosher slaughterhouse appeared accurate when he reviewed them one week after an immigration raid.

First Bank Business Capital examiner Shane May says he found nothing wrong in the records he examined in May 2008 at the Agriprocessors, Inc., kosher slaughterhouse.

May testified Wednesday in the financial fraud case of former Agriprocessors manager Sholom Rubashkin. The plant was the site of a huge immigration raid on May 12, 2008.

Prosecutors say the plant faked client invoices so it could continue to borrow from First Bank on a $35 million revolving loan. A bankruptcy trustee who tried to collect on the invoices found that many of the sales may not have taken place.

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