Tuesday, October 05, 2010
No Fraud In Insurance Procurement In Lexington
KENTUCKY...
The state auditor's office has found no fraud in how the Lexington-Fayette County Urban Government bought insurance.
The review does recommend some procedural problems be fixed, the Lexington Herald-Leader reports. Auditors recommend revamping the Internal Audit Board and changing several purchasing policies.
The audit analyzed the procurement process for the city's insurance services after a city employee alleged there was possible fraud involved.
Auditor Crit Luallen said the recommended measures could have stopped the issue from becoming a public controversy.
The state auditor's office has found no fraud in how the Lexington-Fayette County Urban Government bought insurance.
The review does recommend some procedural problems be fixed, the Lexington Herald-Leader reports. Auditors recommend revamping the Internal Audit Board and changing several purchasing policies.
The audit analyzed the procurement process for the city's insurance services after a city employee alleged there was possible fraud involved.
Auditor Crit Luallen said the recommended measures could have stopped the issue from becoming a public controversy.
# posted by Homer Owens @ 1:53 PM 
