Here is the full text of CIRM's announcement.
CIRM Comment on Dr. John Reed’s Recusal Announcement
December 11, 2007 - CIRM has learned that Dr. John Reed will recuse himself from all Independent Citizens' Oversight Committee (ICOC) activities, pending resolution of the Fair Political Practices Commission review.
We thank Dr. Reed for his dedication and commitment to the mission of CIRM and his service on the ICOC. We are confident that the review will show that Dr. Reed’s actions were innocent and inadvertent while trying to follow the strict policies of the agency.
CIRM will cooperate fully with any review and looks forward to a prompt and objective resolution of this matter.