MADISON, Wis. - The semi-public agency charged with overseeing economic development efforts in Wisconsin did not track how much was owed on $8 million on overdue loans for more than a year.
The Milwaukee Journal Sentinel reported Thursday on the latest problem facing the Wisconsin Economic Development Corp. It was created last year by Gov. Scott Walker and the Republican-controlled Legislature to replace the Department of Commerce and lead job-creation efforts.
Democratic critics of the agency slammed the news. State Rep. Jon Richards of Milwaukee called it a "horrendous abuse of the public trust."
The agency's chief operating officer Ryan Murray said he first learned last week that the loans had not been tracked since June 2011, the month before WEDC was created.
- Robber points gun at motel clerk, flees empty-handed
- Wisconsin woman's play to take stage in San Diego
- Aging farmers in Wisconsin fear nursing care may cost farm
- Police questioning suspect in Middleton homicide
- Green Bay official explores ban on openly carrying guns
- Sheriff: Alcohol may be factor in crash that injured two