Questions Arise Over $18.5 Million K Street Purchase — and Whether Sacramento Paid too Much
Pelissero said that Beebe’s past advocacy is “clearly a conflict. The appraiser should have an arm’s length distance from any advocacy.”
“This appraisal and the whole process raises questions here about whether Sacramento officials were doing their fiduciary duty to ensure they were getting a fair price for this property,” Pelissero, the government ethics expert said. “It seems like a private entity would almost certainly have not paid that same price, and that is unfair to taxpayers.”
John Pelissero, director, government ethics, quoted by The Sacramento Bee.
Mar 25, 2024