The criminal trial of William Jefferson is continuing in Federal District Court in Alexandria,VA.  Nola.com continues to liveblog the proceedings.

Today, an accountant who used to work for the congressman, his campaign and his wife's "consulting" company testified that Mrs. Jefferson's firm took in lots of money, but had no real expenses:

A company created by the wife of former Rep. William Jefferson billed a Kentucky technology firm for thousands of dollars in consulting fees without spending anything on normal operational expenses like office space, clerical workers, telephones or travel, the congressman's former accountant testified today.

Jack Swetland, a New Orleans CPA who served as the Democratic congressman's tax accountant and campaign treasurer, said he was aware that the ANJ company, named for Jefferson's wife and daughters, was supposed to be getting $7,500 a month from iGate Inc., and made a one-time deposit of $300,000 from the telecommunications firm, while incurring no expenses.

Federal prosecutors allege ANJ was nothing but a shell company created to hide the payments iGate was making for Jefferson's help in brokering deals in West Africa. Jefferson is facing a 16-count indictment that includes bribery and fraud charges. Jefferson has pleaded innocent, and his defense team says that his actions were as a private citizen and not subject to the bribery statute.