Capital School Charged With Misuse of Funds
United Press International
WASHINGTON —
The FBI is conducting a preliminary investigation into allegations that officials at the University of the District of Columbia mishandled school funds, a bureau spokesman said Wednesday.
University Trustee Joseph Webb has asked U.S. Atty. Joseph diGenova to probe several “areas of concern,” including transfer of the school’s $10-million land grant endowment to another bank and the propriety of thousands of dollars’ worth of consulting contracts financed by the school.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
