Mon Jul 28, 2008 at 08:26:09 PM EDT
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The State has decided they want to take a closer look at Rutgers and the way they do business:The state comptroller's office today opened an inquiry into fiscal practices at Rutgers University, the university said today.
The review is focused on the financial management of the university's athletics department and was triggered by Star-Ledger reports last week that detailed hidden side deals with head football coach Greg Schiano. Here is more about the inquiry:The comptroller is seeking records detailing university-wide procurement and contracting practices; the finances and money-management practices in Rutgers athletic department; and compensation packages for all team coaches. Senator Loretta Weinberg requested the inquiry and was briefed on what it will cover:He is seeking information to determine whether he's going to do an audit, said Weinberg . I am pleased that he is looking into it. The whole thing needs a little bit of sunshine on it. It will be interesting watch and see what emerges from the enhanced scrutiny. |
| Jason Springer :: Comptroller to take a closer look at Rutgers' Finances |
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