Yale subpoenaed

Newsgroup Leader Katheen · medicine forum Guru Joined: 20 Jan 2006 Posts: 654

courant.com
http://www.courant.com/news/local/hc-yale-accounting-0703,0,6055886.story?coll=hc-headlines-local

Yale Accounting Practices Scrutinized

Associated Press

July 3 2006, 12:38 PM EDT

NEW HAVEN, Conn. -- Federal authorities are investigating how Yale
accounts for millions of dollars in government research grants, school
officials said Monday.

Yale received three subpoenas last week from the U.S. Department of
Health and Human Services, Defense Department and National Science
Foundation seeking grant documents. Authorities also have been
interviewing university employees about accounting issues.

In an e-mail to faculty and staff on Friday, Yale President Richard
Levin urged employees to cooperate with investigators.

"Regardless of the outcome of the current investigation, we must get
all our processes right and make sure that we are good stewards of the
funds entrusted to us by the federal government," Levin said in a
statement released Monday. "We know that we have more work to do."

The school has acknowledged it must improve its accounting process. A
report by the inspector general of the Department of Health and Human
Services noted in February that university procedures were not always
followed or were inadequate.

The school has hired a consulting group to speed up accounting
improvements.

Yale, like most large research universities, relies heavily on
government grants to pay for scientific research.

Copyright 2006 Associated Press

lipanz · medicine forum addict Joined: 19 Jun 2005 Posts: 62

GOOD POST. IT'S ABOUT TIME. I WONDER THO IF THEY WILL GET AWAY WITH
IT. WHY DON'T THEY HAVE SOMETHING LIKE THIS ON NIGHT LINE ----OH NO BIG
COVER UP.
Newsgroup Leader Kathleen ActionLyme wrote:

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