Today, Tom Wagner published the final report of his investigation into People’s Settlement. The findings are as follows:
- They did not meet the standards of the Green Energy Savings Program
- Their accounting standards are inaccurate
- Questionable real estate transactions have been referred to the Attorney General
- Department of Education audit findings were not reported to the board
A few things stand out in this list. I believe that the Green Energy Green Savings Program is an SEU (Sustainable Energy Utility) pilot project that certainly has ties to Harris McDowell (he sits on the board that approved it from the SEU side) and Nobel Laureate Dr. John Byrne who sits on both boards. I will be looking at this from a reporting standpoint. It is possible that if the numbers were fudged for this pilot project, that it throws the voracity of the program into question.
Keith Lake (who sat on the original SEU Task Force) may be getting deposed by Beau Biden in the very near future as I believe that he was the presumed beneficiary of the real estate transactions.
On the surface, #4 would seem to indicate that the board was kept in the dark, but it seems to be a matter of not accurately updating their records to indicate a change in the new board chair. It will be interesting to see what Beau does with it, as another member of the board is Karen Weldin Stewart, the Insurance Commissioner.