California News

CalPERS Protects Incumbent By Delaying Release Of Evidence Sought By Opponent

Naked Capitalism-


CalPERS is doing everything it can to put its finger on the scale of the upcoming board election to prop up Board President Priya Mathur over the pro-transparency, pro-reform challenger Jason Perez. This blog became a part of a clear-cut case of CalPERS impermissibly throwing its institutional weight behind the recidivist disclosure-flouting Mathur.

CalPERS repeatedly pushed back the delivery of the records so as to make sure Perez would not be able to prove that Mathur had approved of and participated in the eye-popping practice of having board members pre-sign undated expense forms in blank, in particular the Travel Expense Claim form, STD 262a.

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