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June 13, 2024

College of DuPage – Nearly $160 million invested improperly in 2014 –

By John Kraft & Kirk Allen

On August 13, 2015

College of DuPage (ECWd) –
During a special meeting of the College of DuPage Board of Trustees, the Investment Report was presented to the board.
In this report, the COD Treasurer stated that in September of 2014, there were $160,000,000.00 (One Hundred Sixty Million Dollars) invested in violation of COD Board Policy and in violation of State public investment laws.
This was 73 percent of its investment portfolio. See page 6 of the report.
The report is below:
[gview file=”https://edgarcountywatchdogs.com/wp-content/uploads/2015/08/Treasury-Investment-Portfolio-Presentation.ppt”]
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