Mayor Dick Murphy disputed the findings and said City Attorney Michael Aguirre had no jurisdiction to investigate the alleged violations.
"Mr. Aguirre's allegations are untrue, irresponsible and defamatory," Murphy said. "Mr. Aguirre is not the SEC. This is only Mr. Aguirre's opinion."
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Aguirre, a former securities fraud attorney, campaigned as an outsider and was elected Nov. 2 over a top aide to the departing city attorney. He started investigating the pension fund shortly after taking office. The fund has an estimated $1.4 billion deficit, and audits are incomplete for 2003 and 2004.
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What's a matter Mayor? A little sunshine always let ya know what you're about to step in...
Ooops, sounds like you already did,,, step in something, that is.
OH-OH ping.
Mayor Dick Murphy disputed the findings and said City Attorney Michael Aguirre had no jurisdiction to investigate the alleged violations.
Yeah. Just nobody stick there nose in where you might find dirt. You are just not playing fair. Waaaah.