Blunt Endorses MOHELA Audit

1 decade 1 year 5 months ago Wednesday, January 10 2007 Jan 10, 2007 Wednesday, January 10, 2007 7:49:53 PM CST January 10, 2007 in News
Source: (Copyright 2007 The Associated Press All Rights Reserved.)
JEFFERSON CITY - Gov. Blunt endorsed on Wednesday an audit of the state's higher education loan authority. In a letter to Democratic Auditor Susan Montee, Blunt urged her to extend her audit to 1996 and said she should investigate allegations of duplicate pension plans. Montee began an audit of the Missouri Higher Education Loan Authority this week because of a severance package paid to a fired executive director and how the quasi-governmental agency used its assets. MOHELA plans to sell $350 million in assets to pay for college construction projects at the state's four-campus University of Missouri system. The plan still needs legislative approval.

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