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VOL. 127 | NO. 181 | Monday, September 17, 2012

Arkansas Lawmakers Subpoena Treasurer Over Audit

ANDREW DeMILLO | Associated Press

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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 This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 15 91 4,519
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

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