David Ryu Refuses All Political Contributions From Developers

FOR IMMEDIATE RELEASE

April 8, 2015

David Ryu Refuses All Political Contributions From Developers

Ryu cites public concern over integrity process in making “Transparency First” pledge 

Los Angeles, CA – Today, David Ryu, candidate for L.A. City Council District 4, announced that he will refuse all political contributions from developers with current or upcoming projects in the City of Los Angeles. This will apply both during the current campaign and throughout his potential term of service on the City Council. 

As part of that commitment, Ryu reviewed all prior donations to his campaign and has decided to return nine donations totaling $4,300.  He issued the following statement in support of his “Transparency First” fundraising pledge:

“The scale and impact of development is the single most controversial issue in our District. And it is clear to me, after months of knocking on doors, that residents have little faith in the City’s process for reviewing and approving major development projects.   

It is easy for politicians to say their judgment is not influenced by campaign contributions. And those who are comfortable with business-as-usual at City Hall may not see a problem.  Yet people looking at the system from outside are deeply skeptical. And they have a right to be.

The best way to restore public confidence is to avoid even the appearance of conflict of interest. People want to know that projects will be judged solely on their merits and their impact on the community – not by which developer has the deepest pockets. 

I want every resident, and every neighborhood, to trust that the review process at City Hall will treat all parties equally and fairly – but that kind of trust must be earned through deeds rather than words.  That is why I’ve decided to put ‘transparency first’ by voluntarily refusing all contributions from developers with current or upcoming projects in the City.”   

Editor’s Note: Earlier this week the campaign returned checks received by developers in both the primary and general election. Any questions about a specific donation or returned contribution should be sent to info@davidryu.com. For all media inquiries regarding returned contributions please contact Rachel at Rachel.Estrada@davidryu.com.

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