Monday, January 28, 2013

CPRIT: "three grants...were approved without proper review...for a total of approximately $56.3 million"

http://www.texastribune.org/2013/01/28/state-audit-exposes-problems-cancer-institute/



State Audit Exposes More Problems at Cancer Institute



State auditors found business and professional relationships between CPRIT’s management, CPRIT’s commercialization review council, and donors who contributed to the CPRIT Foundation, a non-profit association that supplements the salaries of CPRIT’s executive director and chief scientific officer. They also found three grants that were approved without proper review — the executive director recommended the applications receive grants, but the peer review council did not — for a total of approximately $56.3 million. CPRIT also broke a state constitutional requirement by allowing grantees to report matching funds spent on other projects, rather than the CPRIT-funded research project, according to the audit.

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