Opers Reviews No Gift Policy ; First Audit Since Company Enacted Rule in 2002

Summary


COLUMBUS -- TGM Associates used to give Ohio State University football tickets to investment staffers at the Ohio Public Employees Retirement System, and throw them parties and buy them dinners at restaurants, an internal audit shows.

Between 1998 and 2002, the New York-based real estate investment firm spent $20,336 on OPERS employees, including $9,435 for football tickets, souvenirs and bashes, according to expense records TGM sent to OPERS for the audit.

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Extract


Opers Reviews No Gift Policy ; First Audit Since Company Enacted Rule in 2002

No more.

OPERS adopted a zero-tolerance policy in the fall of 2002 to keep the staff from accepting and...

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