Tuesday, March 11, 2014

Terre Haute International Airport-Hulman Field (KHUF), Indiana

Possible bookkeeping 'abnormalities' under scrutiny at TH airport 

TERRE HAUTE — State authorities are investigating possible “bookkeeping abnormalities” at the Terre Haute International Airport-Hulman Field.

Airport officials found evidence of “what looks like some, inappropriate bookkeeping” and immediately contacted the Indiana State Board of Accounts and the Vigo County Prosecutor’s Office, stated Bill Foraker, interim director of the airport.

The SBA then contacted the Indiana State Police and an investigation is currently under way, Foraker told the Tribune-Star when contacted today. The investigation, which involves the use of a state forensic accountant, is likely to last a month or two, he said.

Forensic accounting uses investigative techniques, the results of which can be utilized in court.

“The matter has been turned over to investigators at the federal, state and local levels for in-depth investigation and audit of all [Terre Haute International Airport] funds,” the airport said in a written statement issued later today.

When asked whether anyone at the airport was on suspension as a result of the investigation, Foraker said one employee in the financial management section of the airport is no longer employed at the facility.

The possible irregulatories were uncovered on Feb. 19, the airport said in its statement.


Story and comments/reaction:   http://www.tribstar.com

Airport Finances Being Looked At

 
Financial records at the Terre Haute Airport are being scrutinized by state authorities.

The Trib Star reports that airport officials found evidence on February 19th of “what looks like some, inappropriate bookkeeping” and now the Indiana State Board of Accounts and Indiana State Police are investigating.

The investigation could take up to two months.

One employee in the financial department of the airport is no longer employed at the facility.


Source:  http://wibqfm.com

No comments: