A former Bain Capital executive, Edward Conard, has come forward as the donor who gave a mysterious $1 million dollar donation to a political committee supporting Republican presidential candidate Mitt Romney, Restore Our Future.
Bain Capital is the private-equity firm that Romney co-founded.
Restore our Future spokesperson Brittany Gross confirmed this morning that Conard is the man behind the W Spann LLC donation, reported first by NBC News.
“We’re glad Mr. Conard has chosen to come forward putting an end to this supposed controversy." Gross said. "Restore our Future will amend our report per Mr. Conard’s request to reflect him as the donor."
Conard released a statement to Politico last night revealing his identity. "I am the individual who formed and funded W Spann LLC," Conard said. "I authorized W Spann LLC’s contribution to Restore Our Future PAC." More:
"I did so after consulting prominent legal counsel regarding the transaction, and based on my understanding that the contribution would comply with applicable laws," he said. "To address questions raised by the media concerning the contribution, I will request that Restore Our Future PAC amend its public reports to disclose me as the donor associated with this contribution."