Wednesday, August 3, 2011
politics Rep. LaRoque's handling of funds questioned
Posted by Kirk Ross @ExJS on Wed, Aug 3, 2011 at 12:34 PM
A two-month investigation by N.C. Policy Watch calls into question the management of two non-profits by a firm headed by Rep. Stephen LaRoque, a Kinston Republican who is in the House leadership. (Report main page)
In a post this morning, Policy Watch's Sara Ovaska writes:
. . . LaRoque, who returned in January to the N.C. General Assembly after a four-year hiatus, takes aim at government waste while quietly accepting generous six-figure paychecks for running two public charities funded with $8 million in federal dollars since 1997.He’s earned up to $195,000 a year heading the two small economic development organizations—the East Carolina Development Company and Piedmont Development Company—and used the non-profits to loan some of the public funds to his close associates and political allies. Past board members say they were kept in the dark about his pay.
The investigation also revealed that two of the loans handed out by a LaRoque run non-profit went to companies run by fellow GOP legislators.
Permitted HTML:
- To create paragraphs in your comment, type <p> at the start of a paragraph and </p> at the end of each paragraph.
- To create bold text, type <b>bolded text</b> (please note the closing tag, </b>).
- To create italicized text, type <i>italicized text</i> (please note the closing tag, </i>).
- Proper web addresses will automatically become links.
Latest in Triangulator
-
War and NASCAR: America-F&#$-Yeah
NASCAR honors great American war hero/criminal Oliver North with its prestigious Stonewall Jackson Award
- May 23, 2013
-
EPA to hold public meeting tonight about water contamination in Wake Forest
EPA to hold meeting tonight about water contamination in Wake Forest
- May 21, 2013
-
New AFL-CIO report evaluates worker health and safety
According to the report, 148 workers were killed on the job in North Carolina in 2011, a rate slightly higher than the national average.
- May 20, 2013
- More »
More by Kirk Ross
-
Beware the bright shiny objects of the General Assembly
When the mackerel are running, you take a shiny metal spoon with a hook on it and cast it in the water. It's a decent metaphor for the viral interaction of social media and outrageous legislation.
- Apr 17, 2013
-
Unlike Oz, the Legislature is all-powerful
In this state, the Legislature creates not just the game and the rules, but the players themselves.
- Mar 20, 2013
- More »
