WASHINGTON, Jan 26 (Reuters) - Sen. Carl Levin said on Monday that he wants the U.S. Treasury Department to halt Citigroup's C.N reported plans to buy a $50 million corporate jet.
Citigroup, which got $45 billion of capital from the U.S. government's bailout program, put in an order for the Dassault Falcon 7X AVMD.PA two years ago and plans to accept delivery on the plane later this year, a person familiar with the matter told Reuters.
“To permit Citigroup to purchase a plush plane -- foreign-built no less -- while domestic auto companies are being required to sell off their jets is a ridiculous double standard,” said Levin, a Michigan Democrat and staunch supporter of the auto industry, in a statement. (Reporting by Kevin Drawbaugh with additional reporting by Dan Wilchins in New York)
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