Archive for January 19th, 2012

January 19, 2012

Forensic Accounting Analysis Released, Time To Pull The Plug On CRC

by lewwaters

See also Couv.com for Forensic accountant slams high costs, low competition of CRC and Audio of testimony by Ms. Couch

After many months of work, Forensic accountant Tiffany Couch has released her CRC Forensic Accounting Analysis (81 page pdf)

Her work has “identified numerous significant questionable accounting and contracting practices involving the CRC.”

Today, January 19, 2011, she held a meeting in the Republican Caucus Room with Washington State Legislators where she shared her findings with “Representatives Armstrong, Clibborn, Harris, Moeller, Orcutt, and Rivers. Washington State Department of Transportation officials on hand included: David Dye, Deputy Secretary of Transportation; Steve McKerney, WSDOT Director of Internal Audit; and Bob Covington, Director of Accounting and Financial Services. CRC project office officials and staff were invited but chose not attend.”

As previously noted, Tiffany Couch was one of 15 speakers speaking at the Smarter Bridge Committee News Conference held last Thursday morning on the northern bank of the Columbia River, each expressing their own misgivings on the current project as planned.

Ms. Couch communicated questionable accounting practices on just where has some $150 Million of our tax dollars gone. She touched on this in the Executive Summary,

“As a Certified Public Accountant and Certified Fraud Examiner it is my professional opinion – based upon the information I have reviewed, and measured against the continued difficulties I’ve experienced with Columbia River Crossing (CRC) project office members – that the accounting and contracting practices for the CRC project are characterized by irregularities and planning missteps on many fronts. The magnitude of these irregularities, in terms of quantity, amount, and qualitative aspects of the project, are more than adequate to indicate that this project is suffering from a severe lack of accountability, transparency, and oversight. It is my further opinion that these irregularities are of a sufficient depth to warrant an intervention on the project, and perhaps a termination or delay until procedures are in place that provide for centralized accounting and financial decision making, and compliance with federal and state contracting standards. Whether there is sufficiency to elevate these irregularities to a definition that would warrant the assertion of civil or criminal practices is not the subject of my comments today. Such definition could not be ascribed without further scrutiny and investigation. That responsibility from here forward falls to you – the elected officials who run these states – in your representation of your constituents, the citizens of Washington (and Oregon).

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