Government Expands Probe Into GSA Scandal

Law360, New York (August 1, 2012, 1:29 PM EDT) -- The U.S. General Services Administration, which is facing an investigation into abuse of taxpayer money over spending on two lavish conferences, is now under scrutiny for an additional 77 conferences it funded, a congressional hearing revealed Wednesday.

The House Committee on Transportation and Infrastructure on Wednesday called on GSA representatives to explain how the agency justified spending $270,000 on a one-day employee reward conference near Washington, D.C. — including $30,000 on souvenir drumsticks for attendees — just months after the now-infamous 2010 Las Vegas conference that...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.