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Press Release: Democratic legislative leaders respond to GOED/EB-5 investigations

For Immediate Release: Thursday, January 30, 2014

Sioux Falls, SD (January 30, 2014) – Democratic leaders in the legislature welcomed the additional information on the GOED/EB-5 investigations that was provided today by Governor Daugaard’s office. “The audits ordered by the governor’s office are a good start,” said Rep. Bernie Hunhoff, the House minority leader. “While they hardly qualify as independent audits, since they were framed and ordered by the administration itself, they do provide additional insight into the way economic development operates in South Dakota.” Rep. Bernie Hunhoff (D-Yankton)

Hunhoff and other Democrat and Republican leaders co-sponsored a joint resolution that was introduced today (Jan. 30) which lays out the legislature’s intent to begin hearings on the issue by the Government Operations & Audit Committee. The hearings will likely begin during the current legislative session but continue on into the spring or summer.

“Economic development is crucial to every South Dakotan,” Hunhoff said, “so we have a bi-partisan goal of restoring confidence in those activities. To do so we need to leave no question unanswered. I’m confident that the legislators on GOAC will deliver on that responsibility.”