Cleveland City Council calls for state probe into cause behind wayward wire transfer

Barr, Aaron
October 1997
Bond Buyer;10/17/97, Vol. 322 Issue 30254, p3
Trade Publication
Reports that the Cleveland City Council has asked Ohio state auditor Jim Petro to review the city's wire transfer procedures after the city mistakenly sent more than $617,000 to nonprofit groups. Funds as payment for a power bill; Discovery of the error after the nonprofits partial use of the money; Other cases of misappropriated funds.


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