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losangeles·Los Angelesbytechnocrit

LA city controller subpoenas LA28, demanding financial documents

In a rare move, Los Angeles City Controller Kenneth Mejia on Friday said his office issued a subpoena to Olympics organizing committee LA28, demanding it hand over documents detailing its finances, contracts and budgets for venue construction projects.

The action comes after LA28 failed to include a detailed list of its contracts in its recent budget report to the city, despite a contract requiring their disclosure.

The Games Agreement between the city and LA28 requires the committee to submit the name, type, amount, term and purpose of each contract it has entered into worth more than $1 million. It also requires the organizing committee to give updates on venue improvements, including schedules and budgets.

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LA city controller subpoenas LA28, demanding financial documentshttps://laist.com/news/la-city-controller-subpoenas-la28Open linkView original on lemmy.dbzer0.com
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