Norm Coleman's extortion claim

As Sen. Norm Coleman (R-MN) faces a recount in his reelection bid, he also faces legal questions. Two lawsuits allege that long-time donor and friend Nasser Kazeminy intended to send $100,000 to Norm. Kazeminy's company ended up getting $75,000 to Norm through his wife. The lawsuits allege that Deep Marine Technologies (DMT) paid Hays Company (Laurie Coleman's employer) 3 $25,000 payments and that neither Hays nor Mrs. Coleman provided any services for the money.

Yesterday, a watchdog group, Alliance for a Better Minnesota asked the FBI and the Senate to investigate. Norm answered back with an interesting press release:

As another Democratic group that spent millions of dollars attempting to defeat me calls for a politically motivated investigation, I want to be clear that I not only welcome such an investigation, but I am eager to have it move forward immediately. The fact that a United States Senator is being used as a tool of extortion by private parties should be of concern to all Minnesotans. I reiterate that none of the allegations which attempt to besmirch my family's good name and reputation are true. This investigation should move forward, and it is my hope that those who were behind this matter, their motives and what their connections may be to my political opponents be reviewed aggressively by the appropriate authorities and the media. This matter, which has emerged again as a result of the tactics of my political opponents, during a recount, ought to raise even further suspicions in the minds of Minnesotans as to its motives and purposes.
[emphasis mine]

The Norm-speak^TM is thick in this statement. First off, Norm welcomes an investigation. So did Ted Stevens and most Republicans who've been convicted. This is merely posturing. He certainly won't appreciate being investigated when they find the invoices and canceled checks. He'll be righteously indignant if/when they find 3 $25,000 deposits into Norm's accounts soon after Hays received payments from DMT. He'll be going to prison if people's testimony reveal the details of what Kazeminy intended to do.

Furthermore, there's this bizarre accusation of extortion.

The fact that a United States Senator is being used as a tool of extortion by private parties should be of concern to all Minnesotans.

Not surprisingly "the fact" is not backed up with any proof. I'm sure everyone is surprised.

Extortion, as much as I know about it, usually involves a scenario in which someone has incriminating photos, for example, and wants money or else he'll show them to the guy's wife. So who exactly is extorting what from whom according to Norm? Let's try and follow his tortured logic.

Private parties = Democrats and allied groups
Incriminating detail = Mr. K using DMT to funnel $ thru Hays Co. to Norm
Extortion demand = ???

I guess this is extortion to the same extent Norm is a Republican Champion of Oversight. Or in the immortal and inimitable words of Inigo Montoya:

You keep using that word. I do not think it means what you think it means.