UH ‘Wonder’ Investigation Leads to Accountability Task Group
The UH Board of Regents has decided to create a special committee to evaluate the university’s operational and financial controls and oversight practices.
The task group will consist of five regents and four professionals in the field of business, audit and accounting. A report, which will be made public, is expected by the Oct. 18 regents meeting.
A news release issued this evening says the decision is a continuation of the board’s August meeting that focused on findings of the university’s internal investigation into the cancelled concert benefit for the Athletics Department.
“The fiscal and management oversight and responsibility for the University of Hawaii rests with us,” BOR chairman Eric Martinson said. “The regents agree we need to examine our fiscal and operational policies and exercise our fiduciary responsibility to put in place effective measures.”
The concert was to feature singer Stevie Wonder, but turned out to be a $200,000 scam. The UH athletic director was put on administrative leave before being reassigned to another position and cleared of wrongdoing.
