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Wednesday, June 17, 2009
Court Urged To Force Release of Records
The former investment officer for the Educational Retirement Board is asking a state district judge in Santa Fe to hold Gov. Bill Richardson's former foundation in contempt for failing to turn over records of contributors and expenses.
Former ERB official Frank Foy is suing more than 30 companies and individuals — including his former boss, ERB Chairman Bruce Malott, and State Investment Officer Gary Bland — over $90 million in lost state investments.
Foy claims that the records of Moving America Forward Foundation Inc., which was formed to register people to vote, are necessary to prove that the $90 million loss was the result of a pay-to-play scheme.
All the defendants deny Foy's claims and are asking the court to dismiss the lawsuit.
Foy also is asking the court to hold Moving America Forward's former director, Amanda Cooper, and the foundation's accounts in contempt for failing to respond to a subpoena for records.
The foundation's Washington attorney, Joseph Sandler, in letters attached to the motion, says that the foundation was dissolved Dec. 17, 2008, and that Cooper is no longer involved with it.
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