Former Obama DHS Secretary Napolitano Busted For $175 Million Univ Slush Fund

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Comment by Elyag Reed...We are Legion on April 27, 2017 at 1:51pm

JANET - JUST GIVE THE OFFSHORE ACCOUNT NUMBER FOR OUR SHARE AND WE CAN ALL BE FRIENDS AGAIN...

GLUG - GLUG, YOU DIDN'T GIVE MY WHOLE SHARE ON YOUR DEALS, SO FAIR IS FAIR..

We are Legion..

Comment by Boris on April 27, 2017 at 11:45am

janet napolitano skimming

Obama’s former Secretary of Homeland Security, Janet Napolitano, provided some insight into the corruption that permeates her management style at the University of California and which was surely covered up by the her equally corrupt comrades within the Obama regime.

An audit of the University of California reveals that Napolitano had a hidden “rainy day fund” stashed that nobody was supposed to find out about, to the tune of $175 million. The secret fund existed at the same time that the University system was claiming to be in dire financial straits and requesting a funding increase.

The means by which the surplus was accumulated was deceptive as well, with Napolitano overestimating the amount of money needed to run the school system. Napolitano disputed the auditor’s claims, saying in a statement, “The true amount is $38 million, which is roughly 10 percent of (the office’s) operating and administrative budget, a prudent and reasonable amount for unexpected expenses such as cybersecurity threat response and emerging issues like increased support for undocumented students and efforts to prevent sexual violence and sexual harassment.”

Naturally her default is to “security” and the “social justice” issues that have become a mental disorder in California and other liberal enclaves.

The state auditor, Elaine Howle, reported that between the years 2012 and 2016, the University inflated funding need estimates. She also noted that a top Napolitano staffer intercepted confidential surveys which had been sent to each campus, with responses that were critical of Napolitano deleted or changed before being forwarded on to the auditors.

Howle said, “I’ve never had a situation like that in my 17 years as state auditor. My attorneys are looking at whether any improper government activities occurred.” She said Napolitano also overcharged the 10 campuses to fund its operations, overpaid its employees relative to state employees and interfered with the auditing process. Of course a cover up is to be expected from an Obama Democrat, it’s how they operate.

http://rickwells.us/former-obama-dhs-secretary-napolitano-busted-17...

Comment by Boris on April 27, 2017 at 10:52am
Former Obama DHS Secretary Napolitano Busted For $175 Million Univ Slush Fund

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