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Mon February 18, 2013
Senate Confirms Finance Authority Board Members
The Senate has confirmed two board members of the New Mexico Finance Authority, which was entangled in a scandal last year over a fake audit.
Clovis businessman Blake Curtis was unanimously confirmed and Albuquerque lawyer Nann Winter won confirmation on a 34-3 vote in the Senate on Monday.
Curtis is a former state legislator. Winter serves as the authority's board chairwoman.
Republican Gov. Susana Martinez appointed the pair to the board overseeing the authority, which provides low-cost financing for capital improvements by cities, counties, schools and other New Mexico governments.
The authority's former controller pleaded guilty last year to forgery and securities fraud for faking a financial audit that went to bond investors.
In response to the scandal, legislation has been introduced to revamp the makeup of the authority's board.
Copyright 2013 The Associated Press.