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Audit prompts WVa treasurer to seek greater agency oversight By JOHN RABYJanuary 27, 2021 GMT CHARLESTON, W.Va. (AP) West Virginia Treasurer Riley Moore said Wednesday his office will seek greater oversight of an agency that a legislative audit says did not keep adequate records of a loan program intended to boost the state’s economy. Moore, a Republican who took office earlier this month after defeating six-term incumbent Democrat John Perdue in November, said in a statement that the proposed transparency and accountability measures are aimed at taxpayer funds used by the state Economic Development Authority. “As your new Treasurer, I am not going to sit idly by while unelected bureaucrats squander taxpayer money with impunity,” Moore said. “As the state’s chief financial officer, I have a fiduciary duty to ensure taxpayer funds are spent wisely with absolute transparency and accountability and I will do everything within my power to make sure this never happens ag

VirginiaUnited statesWest virginiaRiley mooreCaren wilcherJohn perdueEarl ray tomblinEconomic development authorityRecourse loan programVirginia post audit divisionEconomic development authority under govLoan programWest virginia treasurer riley mooreDemocrat john perdueEconomic developmentWest virginia post audit division