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Audit: Agency didn't keep adequate records of loan program


Audit prompts WVa treasurer to seek greater agency oversight
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By JOHN RABY
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Associated Press
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Wednesday, January 27, 2021
CHARLESTON, W.Va. (AP) - West Virginia Treasurer Riley Moore said Wednesday his office will seek greater oversight of an agency that a legislative audit says did not keep adequate records of a loan program intended to boost the state’s economy.
Moore, a Republican who took office earlier this month after defeating six-term incumbent Democrat John Perdue in November, said in a statement that the proposed transparency and accountability measures are aimed at taxpayer funds used by the state Economic Development Authority. ....

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