From the Newark Star-Ledger:
Here were some of the report's findings:
- HESAA has not filed an annual report since 2007 as Executive Director E. Michael Angulo and other top management officials squabble over who is responsible for issuing the document.
- The authority's board meets just four times a year and has little power and scant information to oversee management.
- HESAA officials caught one unnamed, now-defunct higher education institution billing the state for $1.2 million in tuition aid grants for students who were not enrolled. The agency got the money back, but failed to investigate the potential fraud or refer the case to law enforcement.
- An unnamed HESAA official volunteering for a charity may have broken state ethics rules by soliciting a donation from an investment firm used by the agency. The case has been referred to the State Ethics Commission.