A federal research agency has suspended $4.6 million in grants it awarded to the University of Connecticut while federal officials investigate the university’s use of grant money to buy equipment from a tech company owned by two UConn professors. State auditors charged that the public university failed to notify their office of the investigation, as state law requires.
auditors of public accounts
Posted inEducation, Money
Auditors: More miscues managing CT teachers’ retirement system
The state agency that oversees benefits for 32,000 retired Connecticut teachers came under fire again Thursday from the state auditors. Among other things, it failed to keep track of $50 million owed to a retirement health care program throughout most of 2012 and 2013.