Audit: $164K Misused by Former Cashiers at Grambling StateOctober 30, 2017 |
MONROE, La. — Three former cashiers at Grambling State University are accused of improperly increasing campus spending account balances by $164,000 for 35 students, including two of the ex-workers.
Those are among the findings in an audit released Monday by Louisiana Legislative Auditor Daryl Purpera’s office, which said the actions may have violated state and federal laws.
The News-Star reports the legislative auditor was notified of discrepancies found in an internal audit, prompting the investigation.
Grambling State President Rick Gallot notified the auditor that nearly $118,000 in funds were identified as misappropriated by former employees. Purpera’s office found another $46,000 in improper transactions.
In a written response, Gallot says the university has eliminated cashiers’ ability to manually allocate dollars to the spending accounts and added new controls and management reviews of accounting systems.