Senator Anthony Cannella (R-Ceres) today issued the following statement regarding testimony by Mark Hariri, Director of the State Treasurer’s Centralized Treasury and Securities Management Division at yesterday’s Joint Legislative Audit Committee hearing regarding hidden funds at state agencies:
“Yesterday, the California State Treasurer’s Office publicly acknowledged that the issue of state agencies hiding funds is ‘much larger’ than has been reported. I commend the Treasurer’s Office for stepping forward when it seems like many prefer that the problem to simply go away.
“The audit approved by the committee will give us a clear picture of the magnitude of this problem by examining all state agencies as suggested by the State Treasurer’s Office. We can’t allow for the continued misuse of Californian’s money.”
Video of Mr. Hariri’s testimony can be found here: https://vimeo.com/61822325