Across Florida
What's happening on other political blogs?

Starboard’

Haridopolos agrees to CFO Atwater’s request for public meeting on SBA investment

Thursday, October 6th, 2011 by Dara Kam

Senate President Mike Haridopolos has agreed to call in State Board of Administration executive director Ash Williams to answer questions about a $125 million investment after Chief Financial Officer Jeff Atwater, Haridopolos’ predecessor, asked for the public meeting.

Atwater, a North Palm Beach banker, asked Haridopolos on Thursday to bring Williams in to satisfy Sen. Mike Fasano’s demands for information about an investment earlier this year in hedge fund Starboard Value and Opportunity. Williams gave Fasano, R-New Port Richey, a bill for more than $10,000 in response to a public records request for documents regarding the investment, which was in the works for more than two years before the investment was made in April.

“It is my deep belief that you and the other members of the legislature, elected to represent the interests of Floridians, should have full and open access to information wherever it might reside throughout government, including the SBA,” Atwater wrote in a letter to the senate president.

Atwater also said Fasano should not be charged to review the documents and that he trusts Fasano to keep any confidential information in the records private. On Monday, Fasano asked Haridopolos to subpoena Williams and the documents or to order him to appear before a Senate committee to explain the investment and the public records charges.

“Being that the CFO is a champion of transparency and given his expertise in this realm, I plan to take his recommendation and hold a meeting that will be open to the public and ask the Director of the SBA, Ash Williams, and his staff to be available to answer any questions that the public or my fellow legislators may have about the investment, as well as the public records request,” Haridopolos, R-Merritt Island, said in a statement late Thursday. “Like CFO Atwater, it is my hope that this meeting will alleviate any questions that lawmakers or the public may have regarding this investment and the SBA, and the IAC may continue to conduct business.”

(more…)

Florida political tweeters
Video: Politics stories
Categories
Archives