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Energy Dept. 'Unable to Locate' $500,000 in Equipment Bought With Stimulus Money
CNSNews ^ | July 16, 2012 | Penny Starr

Posted on 07/17/2012 8:10:26 AM PDT by kevcol

An audit conducted by the Energy Department’s Office of Inspector General was "unable to locate" $500,000 worth of equipment purchased with stimulus money by a recipient of funds distributed through the deparment's “Advanced Batteries and Hybrid Components Program,” according to an audit report published by the OIG.

The DOE said it would not be "appropriate" to release the name of stimulus-money recipient where the $500,000 worth of equipment could not be located.
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This is the second audit conducted by OIG on the program. The first was in April 2010. The office said a “follow-up” audit was necessary, in part, because it wanted to evaluate “circumstances related to an allegation received by the Office of Inspector General that an employee of one recipient had unduly influenced procurement decisions and violated conflict of interest provisions.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: fraud; stimulus; taxes; waste
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To: Thank You Rush

Better yet check his freezer.


21 posted on 07/17/2012 11:59:12 AM PDT by Vaduz
[ Post Reply | Private Reply | To 4 | View Replies]


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