Greg Campbell, courtesy KOB-TV

Well, you can give Greg Campbell credit for this: At least he’s not lawyering up.

The man at the center of the controversy over a fake audit at the New Mexico Finance Authority (NMFA) that could cost taxpayers millions in higher interest rate charges should ratings agencies downgrade the state’s bond rating bonded out of jail Wednesday afternoon (Aug. 8th) along with NMFA chief operating officer John Duff and in an interview with KOB-TV, Campbell said he should take the blame for the potentional disaster allegedly involving some $40 million.

“Did you steal any money?” KOB’s Gadi Schwartz asked Campbell in the parking lot outside of Santa Fe’s jail.

“No I didn’t,” Campbell said.

“So Mr. Campbell, why did you do it?”

“Just a mistake on my part. All I can say is it was a mistake on my part.”

Moments later, Schwartz asked Campbell if he’s to blame or if any others should share in it.

“I would say that since the report is my responsibility, it would be my blame.”

Campbell and Duff each put up $20,000 bonds after they were arrested by officers with the state Securities Division Wednesday morning. Duff, who has been with the NMFA since 2005, was taken into custody at the NMFA offices in Santa Fe while Campbell was arrested at his home in Albuquerque.

They each face multiple felony charges of forgery, security fraud, racketeering and conspiracy to commit racketeering in connection to a bogus audit filed for fiscal year 2011.

Click here to read Capitol Report New Mexico’s in-depth story on today’s arrests as well as reaction from authorities and NMFA board members.

And here’s the video from KOB-TV’s interview with Campbell: