Bond Monitor Investigations
Investigations performed by the Bond Program Monitor (BPM) may be initiated from information received from any source including the Whistleblower Hotline Program or information of irregular activities found during an inspection or review. The BPM uses a variety of investigative techniques to gather and assess evidence related to alleged wrongdoing, which can include potential violation of laws, regulations, policies, and procedures, or other abuses that impact negatively on the ability of the Bond Program management and staff to effectively and efficiently carry out their duties.
All investigations begin by obtaining factual evidence for use to determine whether criminal, civil, or administrative actions are likely to be initiated against the specific parties for their actions or lack of actions. In the course of any investigation, the BPM may also identify high-risk areas where internal controls should be strengthened. Any such findings are brought to the attention of the Chancellor and the Board of Trustees for implementation of corrective measures. As required by the Board Rules, upon completion, investigative reports are provided to the Chancellor and the Board of Trustees and, in the interest of accountability, are also released to the public subject to any redactions needed to protect witnesses. All such investigative reports are contained below: