Tuesday, December 27, 2011

AG targets 'economic development' slush fund corruption

A preliminary investigation by New York attorney general's office uncovered the potential for self-dealing, nepotism, improper loans and exorbitant expenses at some, reported The Associated Press.

These non-profit, taxpayer-supported rackets do government business but have little oversight and are exempt from being audited by the state comptroller's office.

Such findings echo an earlier assessment from this writer.

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