Sioux Falls, SD (December 11) – Rep. Kathy Tyler (D-Big Stone City) plans to ask the state legislature’s executive board to authorize an independent forensic audit of the Governor’s Office of Economic Development (GOED) overseeing the controversial EB-5 program after her call for a special session did not garner enough signatures.
Tyler released the following statement today:
“While I’m disappointed that two-thirds of the state legislators did not want a special session to follow the money associated with the EB-5 program, Northern Beef Packers, and the GOED, I am pleased at the amount of bipartisan support that there is for an investigation of the EB-5 program and the GOED.
“Many legislators told me they too want answers to the many questions raised about the EB-5 program but that a special session wasn’t the right venue, and I understand that. They pointed to an article by South Dakota government reporter Bob Mercer, which laid out how the state legislature’s executive board, which has subpoena and summons powers, can authorize an investigation.
“ I had, in fact, already followed Mr. Mercer’s advice. I asked to be placed on the agenda of the November 18th executive board meeting; however, the board rejected my request because of ongoing state investigations. With state investigations closed, we’re now left with more questions than answers.
“Because of continuing bipartisan support for an investigation of the South Dakota’s EB-5 program and its projects, I’m renewing my request for an independent forensic audit at the next executive board meeting on Monday, December 16.
“The more I research the issues and the more people I visit, the more I see the necessity of an independent forensic audit of the entire program and its projects. The $550,000 stolen from the state Future Funds program is just the tip of the iceberg; South Dakota citizens have lost millions of dollars and deserve to know where their money went. It’s our responsibility to find the answers; let’s get to the bottom of this once and for all.”
Kathy Tyler
State Representative
48170 144th St
Big Stone City, SD 57216
605.237.0228
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