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TexasTowelie

(112,062 posts)
Fri Sep 16, 2016, 12:48 AM Sep 2016

Lawmakers continue to question UVa fund

CHARLOTTESVILLE — At least two members of the General Assembly still have doubts about the University of Virginia’s $2.3 billion Strategic Investment Fund.

Last month, state auditors cleared the university of allegations — first raised by former Rector Helen Dragas in an opinion column for The Washington Post — that the money constituted a “slush fund.”

But Del. Terry Kilgore, R-Scott, and Sen. Bill DeSteph, R-Virginia Beach, still have questions about the way the money is being used and the level of transparency of the board’s business.

DeSteph’s office Thursday afternoon shared a series of letters exchanged between officials and General Assembly members.

Read more: http://www.roanoke.com/news/politics/lawmakers-continue-to-question-uva-fund/article_4fc5e427-147d-5b15-a691-66f0489f0e8f.html

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