Public money, personal gains

By: - August 3, 2011 11:49 am
State Rep. Stephen LaRoque

A new “must read” from NC Policy Watch reporter Sarah Ovaska, “Public money, personal gains,” details  some of the questionable business practices of a powerful member of the North Carolina House Republican leadership team, Rules Committee co-chair, Rep. Stephen LaRoque.

According to the report:

“He’s earned up to $195,000 a year heading the two small economic development organizations—the East Carolina Development Company and Piedmont Development Company—and used the non-profits to loan some of the public funds to his close associates and political allies. Past board members say they were kept in the dark about his pay.”

You can read the entire series of reports by clicking here.


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Rob Schofield
Rob Schofield

NC Newsline Editor Rob Schofield oversees day-to-day newsroom operations, authors and voices regular commentaries, and hosts the 'News & Views' weekly radio show/podcast.