(CNN) - Former House Speaker Newt Gingrich Wednesday fumed over an ABC News report released Tuesday, which said the GOP presidential candidate had come "dangerously close" to crossing ethical lines by allowing cash to flow between his charity and one of his for-profit businesses.
Speaking on the Neal Boortz Radio Show Wednesday morning, Gingrich denied any misconduct, saying the report was a "falsehood" and the "elite media" was out to destroy him.
Gingrich's charity, Renewing American Leadership (ReAL), paid $220,000 over two years to Gingrich Communications, a for-profit business. But Gingrich released a statement Tuesday afternoon denying any wrongdoing.
"Despite all the innuendo in the ABC story, their team of journalists did not find any activity that was not fully supported by the law," the presidential candidate's Communications Director Joe DeSantis wrote in a statement.
Gingrich also said the news of his staff members' abrupt resignation last week had been "grossly exaggerated." All but one of the staff members had been outside consultants, he said, and they disagreed on the campaign's plan of action.
"The consultants wanted me to raise money to buy 30-second attack ads," Gingrich said. "I don't want to attack anybody except Obama."
He later added that he and his staff were simply "incompatible."
- CNN Political Producer Shannon Travis contributed to this report.