MixedMartialArts.com
News

CSAC is about to get audited

A potentially nightmarish scenario for Department of Consumer Affairs head honchos Denise Brown and Awet Kidane, along with the folks…

CP
Chris Palmquist
August 10, 2012 · 2 min read
Earn XP for every story you read

A potentially nightmarish scenario for Department of Consumer Affairs head honchos Denise Brown and Awet Kidane, along with the folks at DCA’s legal department … if the politicians are willing to reveal the skeletons in the closet.

Assemblyman Luis Alejo, whose efforts at pushing AB2100 failed, has gotten his CSAC audit request approved by the Joint Legislative Audit Committee.

Excerpts from the press release:

Assemblymember Luis A. Alejo’s (D-Salinas) request for a state audit of the California State Athletic Commission was unanimously approved by the bicameral Joint Legislative Audit Committee yesterday.

Through the years, the Commission has become one of the largest combat sports sanctioning bodies in the nation. However, it has been recently highlighted that the Commission had become insolvent due to excessive spending.

The idea of the audit came as a result of the Commission’s internal financial troubles being exposed. Since then, two of the Commissioners and the Executive Officer have resigned. Recent reports indicate that the Commission’s financial problems might be due in part to money being overspent on athletic inspectors’ salaries and in-state travel.

The state audit requested by Alejo will focus on reviewing the financial operations of the Commission and whether they are in compliance with relevant laws, rules, and regulations. In addition, Assemblyman Alejo asked the State Auditor to review the current status of the Boxer’s Pension Fund and the Neurological Examination Fund which are regulated by the Commission.

Given the recent troubles surrounding accounting & loan practices for special funds in the state of California, the status of the boxer’s pension & neurological funds is a real touchy subject. There’s quite a bit of cash available for politicians to misuse, either in administrative costs or by juggling the numbers to hide any potential loans from other DCA departments with the funds.

Read entire article…

Keep reading

More coverage

CSAC is about to get audited — MixedMartialArts.com