» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 127 | NO. 181 | Monday, September 17, 2012

Arkansas Lawmakers Subpoena Treasurer Over Audit

ANDREW DeMILLO | Associated Press

Print | Front Page | Email this story | Comments ()

LITTLE ROCK, Ark. (AP) – Arkansas lawmakers say they'll issue a second subpoena for state Treasurer Martha Shoffner to appear before a legislative committee after she didn't show up to a Friday meeting to discuss an audit that raised questions over her office's investment practices.

The chairmen of the Legislative Joint Auditing Committee on Friday said they would issue a subpoena for Shoffner to appear before the panel for a Monday hearing. The panel earlier Friday issued a subpoena for Shoffner to appear after she said wouldn't be at the meeting to discuss the audit.

Shoffner had not appeared before the panel by Friday afternoon. The audit found that Shoffner's office sold bonds from its investment portfolio before maturity and purchased similar bonds from the same brokers, resulting in a net loss of $58,172.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 74 312 10,190
MORTGAGES 103 400 13,275
FORECLOSURE NOTICES 16 76 2,614
BUILDING PERMITS 221 783 24,307
BANKRUPTCIES 72 299 9,832
BUSINESS LICENSES 39 110 3,713
UTILITY CONNECTIONS 129 519 14,482
MARRIAGE LICENSES 13 81 3,144

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.