Pickering investigating USM foundation

The State Auditor’s Office on Monday confirmed it has opened an investigation into the former board of the University of Southern Mississippi Research Foundation.
Spokesman Lisa Shoemaker said State Auditor Stacey Pickering began an inquiry last week into decisions made by the foundation board and has decided to conduct an investigation.
On Friday, USM President Martha Saunders released a statement saying the university is working with the state College Board and several elected officials “on a review of some actions approved by the previous Research Foundation Board.”

Read more: http://www.sunherald.com/2010/04/19/2112647/auditor-investigating-usm-foundation.html#ixzz0lbxXOg6A
4/19/10