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Auditors Complete Kansas Bioscience Authority Forensic Audits

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  • Failure to communicate information to the board of directors regarding his personal relationship with KBA staff member Lindsay Holwick, whom he married in January 2011 (page 82);
  • Removal of content from his KBA laptop computer after his resignation (page 100);
  • Travel to interview for his current position in Cleveland, Ohio, on a plane ticket purchased by KBA (page 112);
  • Personal use and gifting of a KBA-owned painting (page 110);
  • Receipt of an inadvertent duplicate expense reimbursement (page 118) and an overpayment on car allowance (page 107).
  • The KBA demanded and Thornton has provided reimbursement to the Authority for the overpaid car allowance, duplicative expense reimbursement, cost of the plane ticket to Cleveland and cost of the KBA-owned painting, for a total of $4,679.88.

    The Meara Welch Browne report focused on KBA financial commitments to CIBOR and its fulfillment of those commitments. The report states, "...our forensic procedures did not identify any documents, records or correspondence where the KBA made or appeared to make a firm economic commitment of a $20 million award to CIBOR. Additionally, no one we spoke with from CIBOR and its affiliates indicated that oral representations of a firm commitment of $20 million were made directly to them."

    In addition, the report states:

    • Former CIBOR CEO John Moore understood the amount committed to CIBOR was $4 million and not $20 million (page 14);
    • KBA Centers of Innovation were treated in an equitable fashion (page 21).

    Watkins noted a strong foundation has been laid for the future of bioscience in Kansas.  "The work of the Kansas legislative leaders who conceived of the Kansas Bioscience Authority in 2004 is now being emulated in states across the nation—including Missouri, New York, Wisconsin and Colorado—that are working to pass legislation

    SOURCE Kansas Bioscience Authority
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