Jesse Jackson Jr., Rod Blagojevich Allegations, CBS News Details

Democratic Rep. Jesse Jackson, Jr. denied allegations on Tuesday that he offered to raise millions of dollars in campaign financing for former Illinois Governor  Rod Blagojevich in exchange for an appointment to the Senate seat then being vacated by President Obama.

He also apologized in reference to reports surrounding his interactions with a female "social acquaintance," which he called a "private and personal matter."

According to a report by the Chicago Sun-Times, Raghuveer Nayak, an Oak Brook businessman who had done campaign fundraising for both Blagojevich and Jackson, said that in 2008 Jackson directed him to tell Blagojevich that he would donate a combined $6 million in political contributions if appointed Mr. Obama's Senate seat.

Jackson called the allegations "preposterous," according to a statement obtained by CBS News, and noted that the assertions were not new. "I've already talked with the authorities about these claims, told them they were false, and no charges have been brought against me," Jackson said in the statement.

Reported By CBS News : http://www.cbsnews.com/8301-503544_162-20017253-503544.html