IOWA CITY — More than a year after State Auditor Rob Sand asked the University of Iowa to divulge the names of secret investors and other details of a multibillion-dollar public-private partnership for operation of its utilities system — and nearly a year since the deal closed — the university still refuses to comply.“Defendants have invented new and increasingly suspect notions to ensure that the auditor would not receive the originally requested materials, relating to bidding and conflicts-of-interest,” according to a brief Sand filed in the dispute, which this week goes before the Iowa Supreme Court.“It seems clear that all this is intended to ensure the specific legal and financial contours of this $3.5 billion repayment obligation are not scrutinized — at least not prior to it being finished.
Iowa Auditor Rob Sand Accuses Regents Of ‘bad Faith’ In Keeping Utilities Deal Secrets
Vanessa Miller, The Gazette (Cedar Rapids)
Sun, 02/14/2021 - 12:44pm
Sections: u.s.
Topics: Iowa Linn County Cedar Rapids
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