Waihee pays
bank, IRS debts
to stave off
foreclosure

Former Gov. John Waihee has satisfied debts owed to both Bank of Hawaii and the Internal Revenue Service, resolving a foreclosure lawsuit and a federal tax lien, his spokesman said yesterday.

David Wilson of McNeil Wilson Communications said Waihee had given cashier's checks to both the bank and federal government.

"He just left Bank of Hawaii, and it is resolved and the foreclosure procedure is over," Wilson said.

Waihee did not return phone calls seeking further comment.

Bank of Hawaii had sued Waihee this month to foreclose on his Nuuanu home, appraised by the city as worth $1.1 million. The bank asked Waihee to pay $779,292 in principal and $49,306 for a second mortgage he took out.

Wilson said he did not know why the bank moved to foreclose on the property.

Bank of Hawaii spokeswoman Carole Tang said the bank's policy is to not discuss relationships with its customers.

Waihee bought the house on Kahawalu Street in Nuuanu in December 1995 for $954,000.

A federal income tax lien for $122,905 was filed against Waihee and his wife, Lynne.