Missouri auditor says treasurer put $35 million into wrong state fund

Missouri auditor says treasurer put $35 million into wrong state fund • Missouri Independent

Vivek Malek speaks Dec. 20, 2022, after being announced as the next Missouri State Treasurer by Gov. Mike Parson. An audit of Malek's first year in office found he had misdirected interest on money set aside for I-70 improvements.(Photo courtesy Missouri Governor's Office).Missouri State Treasurer Vivek Malek improperly deposited almost $35 million in interest on a fund for improving Interstate 70 instead of putting it in the general revenue fun…

Missouri auditor says treasurer put $35 million into wrong state fund

Missouri Auditor criticizes Treasurer for depositing I-70 interest funds improperly. Malek disagrees, stating the funds should stay for road improvements.