DETROIT — A series on investigative hearings commenced Thursday morning to shed light on questionable real estate contracts the Detroit Public Schools approved under former DPS CEO Kenneth Burnley.
School district Inspector General John Bell, a former FBI agent, said there were real estate deals that used 1994 bond money in a way that “raised serious questions into the necessity and manner amount of money spent” according to a Detroit News report.
While the hearings are not criminal at this stage, Emergency Financial Manager Robert Bobb, who is presiding over the hearings, says there will be criminal charges made if any of the transactions in question are found to be unlawful.
“We will subpoena every person who was involved in several [questionable] real estate transactions,” Bobb said at a town hall meeting last week. “There’s no such thing as a little thief. Everyone is gonna get prosecuted.”