HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » State cuts off money to U...
Introducing Discussionist: A new forum by the creators of DU

Thu Apr 25, 2013, 05:18 PM

State cuts off money to UNO charter schools over insider deals

Source: Chicago Sun Times

Gov. Pat Quinn’s administration has cut off funding to the state’s largest charter-school operator, the politically influential United Neighborhood Organization, over insider deals it says violated terms of a $98 million state grant, according to a letter obtained by the Chicago Sun-Times.

The deals involved millions of dollars in state funds that went to companies owned by two brothers of a high-ranking UNO executive, Miguel d’Escoto, that were hired as contractors on state-funded school construction projects in Chicago, according to the letter, which was sent to the organization Thursday from the Illinois Department of Commerce and Economic Opportunity.

The state agency began investigating UNO in response to reports in the Sun-Times that revealed that d’Escoto Inc. and Reflection Window Co. have been paid a total of $8.5 million out of the state grant. D’Escoto Inc. is owned by Federico “Fred” d’Escoto. Reflection Window is owned by Rodrigo d’Escoto.

Read more: http://www.suntimes.com/19711841-761/state-cuts-off-money-to-uno-charter-schools-over-insider-deals.html

2 replies, 1102 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 2 replies Author Time Post
Reply State cuts off money to UNO charter schools over insider deals (Original post)
Teamster Jeff Apr 2013 OP
Gin Apr 2013 #1
AnotherMcIntosh Apr 2013 #2

Response to Teamster Jeff (Original post)

Thu Apr 25, 2013, 05:43 PM

1. Wow....thats a hell of a "GRANT"......

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Teamster Jeff (Original post)

Fri Apr 26, 2013, 06:31 AM

2. "the politically influential" -- Yes.

 

Juan Rangel, the head of UNO, was the co-chair of Rahm Emanuel's organization to get Emanuel elected as Mayor.

The harvesting of public assets by privatizing public assets and closing schools is something that is intended to be profitable not only in the current year but in years to come. It will be one of the greatest rip-offs that Chicago has ever seen.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread