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Ethics Board Docket No. 2020-499 <br /> Page 5 of 8 <br /> (22)(a)"Thing of economic value" means money or any other thing having <br /> economic value. <br /> V. <br /> OPINION: <br /> It is the opinion of the BOE that the G.B. Cooley Hospital Service District was the agency <br /> and governmental entity of Edward Calloway for purposes of the Ethics Code. <br /> Therefore, Edward Calloway,while employed by the Hospital, was prohibited by Section <br /> I111A(1)(a) from receiving any thing of economic value, other than compensation and benefits <br /> from the governmental entity to which he was duly entitled,for the performance of the duties and <br /> responsibilities of his position. It is the opinion of the BOE that Edward Calloway, in his capacity <br /> as an employee of the Hospital, violated Section 1111 A(1)(a) of the Ethics Code by virtue of his <br /> receipt of money from Hospital accounts totaling more than$400,000,that he was not duly entitled <br /> to receive for the performance of her duties as an employee of the Hospital. <br /> Further, Edward Calloway while employed by the Hospital, was prohibited by Section <br /> 1112A from participating in any transaction involving his governmental entity, in which he had a <br /> substantial economic interest. It is the opinion of the BOE that Edward Calloway, in his capacity <br /> as an employee of the Hospital, violated Section 1112A of the Ethics Code by virtue of his <br /> participation in transferring money from Hospital accounts to his personal accounts. <br /> If this matter proceeded to a public hearing before the Ethics Adjudicatory Board("EAB"), <br /> and the EAB found a violation of the Ethics Code, the EAB could impose a fine of up to $10,000 <br /> for each violation of the Ethics Code,pursuant to La. R.S. 42:1153. <br /> In this particular matter,the parties have agreed to resolve this matter amicably.Therefore, <br /> it is the conclusion of the BOE that the interests of the public and judicial efficiency would be <br />