State Comptroller Tom DiNapoli today levied his harshest attack yet on his GOP/Conservative opponent, Harry Wilson, suggesting he personally stands to benefit from his role on President Obama’s auto industry task force.

DiNapoli’s claim is a little convoluted. Basically, he alleges Wilson’s former firm, Silver Point Capital, will make money if Delphi, a company that was restructured during the federal bailout of the industry, becomes publicly held.

Wilson has a significant interest in Silver Point, but it’s in a trust that he does not control and won’t, as a result of a confidentiality agreement he signed when he left, until 2011.

Nevertheless, DiNapoli insisted there’s a “massive conflict of interest at play here,” adding: “Perhaps it would be appropriate for some level of government, perhaps the inspector general of the TARP program, to take a look at these questions.”

Wilson accused DiNapoli of “completely manufacturing an issue” and called his claims “totally inaccurate.” UPDATE: Wilson spokesman Bill O’Reilly sent a very lengthy statement that appears in full after the jump.

“Mr. DiNapoli is shedding all credibility with his latest attack,” O’Reilly said. “Mr. Wilson has no economic interest, direct or indirect, in Delphi and this was part of the compliance process at Treasury. Harry will not earn a single penny of profit from Delphi, or any other auto-related investment, other than his government salary at Treasury.”

“Everything Mr. Wilson did was vetted by Treasury compliance – both in his divestment of auto-related exposure and his dealings with Delphi.”

“It is disturbing, but sadly unsurprising, that Tom DiNapoli would take Mr. Wilson’s willingness to give up a great deal to serve his country in a time of crisis and try to smear him with baseless distortions. This is clearly an attempt by Mr. DiNapoli to distract from his own massive conflicts of interest with public money.”

“Nearly two-thirds of Mr. DiNapoli’s campaign cash has come from labor and other special interests. Another 15 percent has come from trial lawyers, a large number of whom have done business with the pension fund under Mr. DiNapoli in a clear continuation of the Hevesi pay-to-play culture, just with trial lawyers instead of money managers; Mr Wilson’s ethics reform would ban this practice, but Mr. DiNapoli has refused to end this pay-to-play practice.”

“I would urge the DiNapoli campaign to end their campaign with a modicum of dignity. These ridiculous accusations are demeaning to the serious office for which he and Mr. Wilson are running.”