CINCINNATI – State officials are launching a special audit of the Metropolitan Sewer District of Greater Cincinnati.
Auditor of State David Yost announced the special audit Thursday, which he said came at the request of Hamilton County and Cincinnati officials over “recent concerns about MSD’s competitive bidding, contracts and payments.”
The Auditor of State’s Special Audit Task Force met Thursday to review information and determined that a special audit is appropriate, Yost said in the announcement.
“I’ve had concerns about the oversight of MSD and instructed audit staff to expand our regular financial audits in recent years,” Yost said. “It is obviously time to take a deeper dive.”
In the special audit, officials will examine financial records and other information with an eye for any fraud, theft or misappropriation of funds, and quantify the extent of loses if any wrongdoing is found.
Yost said that the timeframes for these investigations “vary greatly.”
