GiaQuinta statement on IEDC audit

Following the release of a forensic audit into the Indiana Economic Development Corporation (IEDC), IEDC Foundation and its partners, Indiana House Democratic Leader Phil GiaQuinta (D-Fort Wayne) released the following statement:

"This is what happens when you don't have oversight. I like to be on the side of protecting Hoosier taxpayer dollars, always. Clearly the secrecy under which the IEDC has operated, which House Democrats questioned repeatedly, was not about maximizing economic development deals. Instead, it was about covering up the waste and excess of taxpayer dollars spent on lavish international travel, conflicts of interest and lack of competitive bidding on the LEAP project.

"Gov. Braun and the General Assembly must take on a deeper investigation of the far-reaching, questionable activities of the IEDC and look back further than 2022. It's hard to believe these ethical lapses only began in 2022. Hoosiers need to know more about the few elites who benefited from the IEDC's dealings and whether the law was broken. Many more questions need to be answered here before taxpayers have confidence in the IEDC's operations moving forward."