Davis calls for inquiry of Abbott’s role in Texas Enterprise Fund; return $1.4M in campaign funds [View all]
AUSTIN Democratic gubernatorial candidate Wendy Davis called Monday for an independent investigation into GOP opponent Greg Abbotts role in keeping records from the troubled Texas Enterprise Fund secret, and she called on him to return $1.4 million in campaign contributions he has received over the years from beneficiaries of the fund.
Davis, speaking in Fort Worth, accused Abbott of a cover-up through his 2004 ruling to withhold the applications of companies that got millions of taxpayer dollars from the enterprise fund.
Greg Abbott used the power of his office to orchestrate a cover-up of the transfer of millions of dollars of taxpayer funds to companies who never even completed an application for the funds blocking the release of applications he knew didnt exist, she said.
A state audit released last week found that the job-creation fund was riddled with problems after it was launched in 2003, including lack of record-keeping and the failure to require formal applications from some businesses that received job-creation money. The audit found that the fund distributed $222 million to recipients that didnt file formal applications for the money or failed to promise specific job-creation targets.
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