Senate confirms Finance Authority board members

Posted at: 02/18/2013 4:08 PM
By: The Associated Press

SANTA FE, N.M. (AP) - The Senate has confirmed two board members of the New Mexico Finance Authority, which was entangled in a scandal last year over a fake audit.

Clovis businessman Blake Curtis was unanimously confirmed and Albuquerque lawyer Nann Winter won confirmation on a 34-3 vote in the Senate on Monday.

Curtis is a former state legislator. Winter serves as the authority's board chairwoman.

Republican Gov. Susana Martinez appointed the pair to the board overseeing the authority, which provides low-cost financing for capital improvements by cities, counties, schools and other New Mexico governments.

The authority's former controller pleaded guilty last year to forgery and securities fraud for faking a financial audit that went to bond investors.

In response to the scandal, legislation has been introduced to revamp the makeup of the authority's board.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Print  

Paid Advertisement:




Paid Advertisement:
Know More? Got Photo? Got Video? Correction Needed?

KOB welcomes a lively and courteous discussion as long as you follow the rules of conduct set forth in our Terms of Use. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Use.

Advertisement | Your Ad Here


Advertisement | Your Ad Here

Home
Set Home
SMS Text Alerts
Text Alerts
Email
Email News
RSS
RSS
Android App
Android App
iPhone - iPad App
iOS App

Advertisement | Your Ad Here


Site Index