Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • HDFC MF caps SIPs in defence fund from today; limits STP to ₹25,000 monthly
    • First-time investing? Discover the benefits of ETFs in a Tax-Free Savings Account
    • How mutual fund-based portfolio management services work
    • Is a dip based SIP top up strategy better than a regular SIP approach?
    • NS&I Premium Bonds statement issued as rate changes announced
    • XRP Price: XRP ETFs Snapped Their Longest Inflow Streak of 2026 as Price Slips Below $1.40
    • 5 Best Closed-End Funds for 2026 | Investing
    • Kotak Nifty Financial Services Ex-Bank Index Fund Direct Growth | Mutual Fund Performance
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Oklahoma leaders found ‘grossly negligent’ in managing COVID-19 relief funds
    Funds

    Oklahoma leaders found ‘grossly negligent’ in managing COVID-19 relief funds

    October 17, 2024


    Join Fox News for access to this content

    You have reached your maximum number of articles. Log in or create an account FREE of charge to continue reading.

    By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive.

    Please enter a valid email address.

    Having trouble? Click here.

    A newly unsealed multicounty grand jury report in Oklahoma found mismanagement of millions of dollars in the Governor’s Emergency Education Relief Fund (GEER).

    The report stated that they found a “grossly negligent handling of federal grant money” and misspending of $40 million leaving the citizens of Oklahoma unable to get the help they truly needed.

    “Nevertheless, we find the grossly negligent handling of federal grant money and utter lack of internal controls and oversight over the grant-funded initiatives to be irresponsible, disappointing, and indefensible. What’s more, the waste and misspending of millions of dollars in emergency aid was easily preventable. This mismanagement prevented the most vulnerable Oklahomans from getting help they desperately needed during a global pandemic. Citizens deserve more from their Government,” the jury said.

    Governor Kevin Stitt

    Kevin Stitt, governor of Oklahoma, speaks during a meeting with U.S. President Donald Trump and governors in the State Dining Room of the White House in Washington, D.C., U.S., on Thursday, June 18, 2020. (Chris Kleponis via Getty Images)

    The report claims there were other troubling practices and actions, but ultimately there was no sufficient evidence to prove beyond a reasonable doubt that a crime was committed.

    “Although our investigation uncovered deeply troubling practices and actions (and inactions) by the state offices, non-state entities, and private individuals tasked with establishing and administering the BTG and SIS initiatives, we ultimately find insufficient evidence exists to establish, beyond a reasonable doubt, that a crime was committed. Nor do we find willful or corrupt misconduct or willful malfeasance,” the report stated.

    WASHINGTON STATE DIVERTED $340M IN FEDERAL COVID FUNDS TO IMMIGRANTS, INCLUDING VIA $1,000 CHECKS

    Oklahoma voting

    A voter fills out his ballot during early voting at ONEOK Field in Tulsa, Oklahoma, Oct. 30, 2020. (REUTERS/Nick Oxford)

    The report highlighted that the grand jury ultimately found a majority of the issues resulted from the state’s disregard of existing administrative safeguards, “EKCO Director’s authorization of all integrated vendors on the platform effectively disregarded all internal control options offered by the Company.” 

    It went on to point out that as a result, “no limit was placed on the items families could purchase with BTG funds in the first instance, and nobody was monitoring purchases to ensure they complied with program requirements on the back end. It should come as no surprise then that a massive portion of BTG awards—over $1.7 million by the State Auditor’s assessment—went to the purchase of items that could not reasonably be deemed to serve an emergency educational purpose.”

    Some of the items listed were common household luxuries and had nothing to do with the education system.

    “Such unallowable purchases included but were not limited to: 817 televisions, 385 watches or smartwatches, 179 doorbell cameras, 174 cell phones and related accessories, 71 refrigerators, 27 Xbox systems, and 3 Christmas trees. Not only did the use of these funds to purchase non-education items breach the State’s duty to ensure GEER Fund money was only used for pandemic-related emergency educational assistance, but that money could have been directed to provide intended pandemic relief where it was actually needed,” the report stated.

    DEM STATES, CITIES OVERRUN BY MIGRANTS FUNNELED MILLIONS IN FEDERAL COVID-19 AID TO SUPPORT ILLEGALS

    Oklahoma AG Drummond

    An Oklahoma appeals court has agreed to a plan by state Attorney General Gentner Drummond to halve the pace at which executions are conducted. (AP Photo/Sue Ogrocki, file)

    “The State bestowed these individuals and organizations with control over millions of dollars in federal funding without any vetting process or formal agreement assuring their accountability to the State,” the grand jury said.

    CLICK HERE TO GET THE FOX NEWS APP

    The Oklahoma State Department of Education also released a statement on the investigation’s findings.

    “Superintendent Walters has prioritized carefully and efficiently using taxpayer funds. Unfortunately, in this case, the vendor involved did not adhere to the same standards. Superintendent Walters’s deep commitment to fiscal responsibility and taxpayer accountability has been borne out during his time as Secretary and now as State Superintendent. Under his leadership, OSDE has instituted the highest standards to ensure the most efficient use of taxpayer money possible,” the department said.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    5 Best Closed-End Funds for 2026 | Investing

    May 2, 2026

    Small cap funds jump up to 20% in April; should investors expect more gains?

    May 2, 2026

    Investors pull funds from private credit as tech markets wobble

    May 1, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    HDFC MF caps SIPs in defence fund from today; limits STP to ₹25,000 monthly

    May 4, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    HDFC MF caps SIPs in defence fund from today; limits STP to ₹25,000 monthly

    May 4, 2026

    HDFC Mutual Fund has introduced a cap of ₹25,000 per investor on systematic investment plan…

    First-time investing? Discover the benefits of ETFs in a Tax-Free Savings Account

    May 3, 2026

    How mutual fund-based portfolio management services work

    May 3, 2026

    Is a dip based SIP top up strategy better than a regular SIP approach?

    May 2, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Indonesia considers issuing ‘panda bonds’ as China promotes renminbi debt

    November 10, 2025

    Coldwell Banker Egypt announces strategic partnership with Sakr Investment Management to promote & operate “Farida”

    November 30, 2025

    BlackRock’s Crypto ETFs Revenue Surpass $260 Million Annually

    September 20, 2025
    Our Picks

    HDFC MF caps SIPs in defence fund from today; limits STP to ₹25,000 monthly

    May 4, 2026

    First-time investing? Discover the benefits of ETFs in a Tax-Free Savings Account

    May 3, 2026

    How mutual fund-based portfolio management services work

    May 3, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹50 lakh retirement corpus: How to invest in SCSS, mutual funds, equities and other assets — CA offers tips

    April 16, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.