TOPEKA, Kan. (AP) Two more legislative committees are taking their turn at hearing the results of an audit of the Kansas Bioscience Authority.
Investigators spent nearly a year looking into the authority’s finances and allegations about its former president and CEO, Tom Thornton. Their findings were released Monday.
On Wednesday, the House and Senate commerce committees will hear from the auditors and the KBA’s current leadership.
The authority distributes millions in state tax dollars to emerging bioscience companies. The outside, which cost the authority $960,000, found instances of document destruction, misuse of funds and questionable management by Thornton, who resigned last April.
