Texas Governor Greg Abbott has called for investigations into the finances of Texas Southern University (TSU) following a report from the Texas State Auditor. The auditor identified problems with oversight, contracting, processes, and reporting involving hundreds of millions in state funds.
Governor Abbott stated, “The Texas State Auditor uncovered significant financial and operational issues with Texas Southern University’s accounting procedures, alleging the potential misappropriation of hundreds of millions of dollars. Today, I directed the Texas Rangers to launch an investigation and called on the Texas Comptroller of Public Accounts to assist them in their efforts to fully analyze their finances. Waste, fraud, and abuse will not be tolerated. TSU’s Board of Regents and all university officials must fully cooperate with these investigations to ensure taxpayer dollars are not squandered.”
The governor asked both the Texas Department of Public Safety and the Texas Comptroller of Public Accounts to look into the university’s financial management after concerns were raised by the state auditor.
