ECC audit is disturbing; now let’s set sights on UB
The Erie Community College board of trustees deserves credit for listening to New York State Comptroller Thomas P. DiNapoli’s report on abuses committed by ECC officials. The list of actions taken by top ECC officials is disgusting. More than $100,000 has been “rewarded” to top ECC officials in bonuses, and another $750,000-plus has been given to ECC officials whose positions were not approved by the board.
This lax oversight by administrators at the relatively low-budget community college really should make us turn our eyes to the University at Buffalo Foundation. For years, the UB Foundation has dodged requests from students, reporters and even the UB Faculty Senate to have its books opened. It’s time that UB followed ECC’s example and allowed the state comptroller to audit its records.
The UB Foundation’s continued refusal to be transparent makes it ever more suspicious. Especially when we consider that former UB Foundation board member Stephen Walsh was charged with misappropriating $500 million in other business ventures not so long ago.
Call me a skeptic, but I would be surprised if the UB Foundation’s hands came out clean after an independent audit.