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Submitted by WWAY on Wed, 12/12/2007 - 11:00am.

RALEIGH (AP) -- State House Speaker Joe Hackney said he will meet with reporters to discuss developments in the case of indicted Democratic Representative Thomas Wright. Wright was indicted earlier this week on five counts of fraud and one count of obstruction of justice. The fraud charges relate largely to $160,000 in bank loans that prosecutors say Wright received under false pretenses for a Wilmington foundation he led. The Legislative Ethics Committee is reviewing the case. If it finds wrongdoing that merits punishment, Hackney said the General Assembly may have to meet in special session to debate and vote on Wright's future. The 52-year-old Wright represents New Hanover County and has refused to resign from his seat, despite requests from Hackney and Governor Mike Easley. (Copyright 2007 by The Associated Press. All Rights Reserved.)

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