Governor Abbott orders investigation into financial management at Texas Southern University

Greg Abbott, Governor of Texas
Greg Abbott, Governor of Texas - Google
0Comments

Texas Governor Greg Abbott has instructed the Texas Department of Public Safety and requested the Texas Comptroller of Public Accounts to investigate the finances of Texas Southern University (TSU). The directive comes after the Texas State Auditor reported deficiencies in oversight, contracting, processes, and reporting at TSU involving hundreds of millions in state funds.

Governor Abbott stated, “The Texas State Auditor uncovered significant financial and operational issues with Texas Southern University’s accounting procedures, alleging the potential misappropriation of hundreds of millions of dollars. Today, I directed the Texas Rangers to launch an investigation and called on the Texas Comptroller of Public Accounts to assist them in their efforts to fully analyze their finances. Waste, fraud, and abuse will not be tolerated. TSU’s Board of Regents and all university officials must fully cooperate with these investigations to ensure taxpayer dollars are not squandered.”

The investigations aim to address concerns about how public funds have been managed at TSU. The Governor emphasized accountability for university leadership during this process.



Related

Dr. Ron S. Jarmin Acting Director

Census Bureau releases latest business trends survey data including AI insights

The U.S. Census Bureau has released new data from the Business Trends and Outlook Survey (BTOS), a program that measures business conditions and projections across the United States.

Jay Hartzell President

UT Austin reports growth in commercialization activity through Discovery to Impact initiative

The University of Texas at Austin has released its first annual report for Discovery to Impact, highlighting significant progress in moving research discoveries from the university into commercial markets.

Kelly Keel, Executive Director

TCEQ approves over $1.9 million in penalties for environmental violations

The Texas Commission on Environmental Quality (TCEQ) has approved penalties totaling $1,751,893 against 22 regulated entities for violations of state environmental regulations.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Austin Business Daily.