Texas Lieutenant Governor reviews Deloitte contracts after embezzler-linked company selected as loan program finalist.

Texas Lieutenant Governor Dan Patrick announced a review of all contracts with Deloitte after the firm mistakenly selected a company with a CEO previously convicted of embezzlement as a finalist for a low-interest loan program aimed at funding new gas power plants. The $5 billion Texas Energy Fund was established post-Winter Storm Uri to enhance energy infrastructure. The incident has prompted concerns about Deloitte's vetting process and oversight of the program.

October 09, 2024
8 Articles

Further Reading