ANCHORAGE, Alaska (AP) – A special audit found that the Alaska Mental Health Trust Authority, established to fund services for people with mental illnesses, developmental disabilities, traumatic brain injuries and memory loss. violated several state laws.
Alaska Public Media reports the Alaska Division of Legislative Audit said Tuesday that the Trust Authority violated state statutes by investing $44.4 million in commercial real estate, and the trust’s board violated the Opening Meetings Act and the Alaska Executive Branch Ethics Act by purposely trying to keep some board issues out of the public eye.
In a written response, the Trust Authority says that “The Trust’s investment decisions were authorized by and consistent with applicable regulations and legal advice.” The Trust’s board cited attorney-client privilege and refused to give auditors access to those legal opinions.
The post Audit: Alaska Mental Health Trust Authority violated laws appeared first on Newstalk 750 – 103.7 KFQD.