Monday, January 14, 2019

"Murphy’s AG opens probe into Christie’s corporate tax breaks"




Link to article on nj.com:




From the article:


“New Jersey’s top law enforcement official said Monday his office is investigating whether generous corporate tax incentives championed by former Gov. Chris Christie ran afoul of state law after a scathing audit found widespread problems.

In a rare public statement acknowledging a state inquiry, Attorney General Gurbir Grewal said the Economic Development Authority’s failure to adequately track billions of dollars in tax breaks was “deeply troubling” and suggested his office could sue to recoup money from companies that failed to deliver on promises to create jobs.”


And,


“Grewal, a former federal prosecutor who specialized in white collar crime, said in his statement he is “very concerned whenever I see a state agency distributing so much money, with so little oversight, over such a long period of time.”