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Hawkins’ Points On Cordish Pack Punch (and Proof)

  Yesterday morning, Metro Council Member Doug Hawkins released an email about the Report sent out last Friday by The Office of Internal Audit’s Michael S. Norman. The text of that email packs a powerful punch, and proof that something is amiss with the mayor’s dealings with Cordish, and their dealings with the city:

“Abramson Releases Audit of

Cordish Owned Sports and Social Clubs

 

Still unaccounted for: one million dollars of tax payer money

  (the cover up continues)

 

This is insulting to the people of Louisville.  Cordish takes our tax dollars, but will only show the books to Abramson’s audit team if they promise not to tell anyone what they saw (confidentiality agreement).

 

The Abramson audit team did not perform any physical verification of the alleged work done at The Sports & Social Club site, nor did they contact any of the vendors alleged to have preformed the work.

 

Abramson’s free money (“forgivable loan”) offer to Cordish did not contain a “right to audit” clause so the Abramson audit team could only rely upon the honesty of the Cordish people to provide all the necessary documentation.

 

Without any back-up documentation this is nothing but a continued cover-up! 

 

People throughout the state of Kentucky had better take note–this is how Abramson operates and Abramson’s people are already infused into the Beshear administration, not the least of which is Larry Hayes, one of Abramson’s former deputy mayors. 

 

This is despicable; it is total corruption at its worst.  Absolute power corrupts absolutely, and this is just another reason why this city can no longer afford a one party rule system of government.

 

The Abramson audit team released this information late in the day Friday so no-one would notice and the Courier Journal dutifully swept it under the rug.”

  To fully comprehend the message of the Hawkins’ email, it is essential to evaluate it with the report, as well as what is known and discovered to be facts available to the general public.

  First is the statement that: “Cordish takes our tax dollars, but will only show the books to Abrahmson’s audit team if they promise not to tell anyone what they saw (confidentiality agreement).”  Hawkins’ assertion regarding this confidentiality agreement is not accusatory rhetoric, but is fact. The Office of Internal Audit’s Report entitled ” 4th Street Forgivable Loan- Expenditure Documentation” stated that “LG Financial Incorporated was not obligated to make the documentation available, but did so under the condition that Louisville Metro representatives enter into a confidentiality statement.” (Page 3, paragraph 5, sentence 3). It further stated that “…it (confidentiality agreement) did limit the extent of details included in the reporting of the results.”  This seems to show that LG Financial Incorporated would only show the Metro representatives present what they spent money on provided that the representatives kept that from public knowledge.

  Point Two: “The Abramson audit team did not perform any physical verification of the alleged work done at The Sports and Social Club site, nor did they contact any of the vendors alleged to have preformed (sic) the work.” Again, this is fact, and is mentioned in the forementioned report: “The Office of Internal Audit did not perform physical verifications at The Sports & Social Club site, nor contact any of the vendors identified in the documentation. In addition, some types of goods are not easily identifiable even if physical verifications are performed.” This is suggesting that the team had to take the Cordish Group officials at their word, for no physical examination was ever done to ensure that the money was utilized as it stated.

  Point Three: “Abramson’s free money (“forgivable loan”) offer to Cordish did not contain a “right to audit” clause so the Abramson audit team could only rely upon the honesty of the Cordish people to provide all the necessary documentation.” Again, this is fact. The report from the Office of Internal Audit states “The review relied on LG Financial Incorporated personnel’s assertion that the documentation provided was related to the $950,000 forgivable loan. The Office of Internal Audit did not independently identify the documentation for review, and therefore does not offer assurance as to the completeness, accuracy, or reliability of the documentation reviewed.” (Page 3, Paragraph 3, sentences 1-2).

  In baseball, the old saying is “Three strikes and you’re out!”, and if Jerry Abramson was relying on this report to show validity of the forgivable loan to the Cordish Group, then he would be out, for this report states itself that it can not account for the completeness, accuracy, or reliability of the documentation that Cordish officials utilized to provide the “evidence” that our tax dollars was utilized properly. Indeed, in baseball, Jerry Abramson would be struck out, but alas, this is not baseball- it is politics. That is why one additional point is needed, and provided by Doug Hawkins.

  Point Four: “The Abramson audit team released this information late in the day Fridaty so no-one would notice and the Courier Journal dutifully swept it under the rug.” After posting here The Cordish Report: (Tandy & Conway Remain Silent) on Friday, Tony Hyatt, Communications Director for the Majority Caucus of the Louisville Metro Council finally answered an email that had been sent to himself and Council President, (now mayoral candidate), David Tandy, (Democrat- 4th District), twice. The original request sent Thursday questioned when the report would be available to the public and Hyatt responded: “In checking with Mr. Norman, he is hoping to have a report or an official letter release by Friday, August 14th”

  “Without any back-up documentation this is nothing but a continued cover-up! ”

August 18, 2009 - Posted by | Uncategorized | , , , ,

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