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Friday, June 20, 2014

Ind. Gov't. - "'Intentional misuse' of federal economic development money found in Indiana"

On July 21, 2013, the ILB posted this "Overview of aspects of the IndyStar IEDC stories," and because there was no one source for all the information, the ILB has assembled the numerous links.

This background will help you understand yesterday's story, broken by Alex Campbell, now at BuzzFeed, who led last year's investigation when he was a reporter at the IndyStar. Here is yesterday's national BuzzFeed story by Campbell, headed "Treasury Department Finds 'Intentional Misuse' Of Money Meant For Local Startups: A contractor for the state of Indiana spent $800,000 in federal cash on companies run by the contractor’s chairman and his son. It’s part of a $1.5 billion national program." The story links to the U.S. Dept. of Treasury audit report.

Yesterday afternoon Indianapolis Star reporter Chris Stitch posted this story, including links to some of last year's stories and charts.

Posted by Marcia Oddi on June 20, 2014 08:10 AM
Posted to Indiana Government