The Financial Oversight and Management Board for Puerto Rico announced that the Puerto Rico Education Department made at least $80 million in payments over 13 years to employees who had resigned, are retired, are deceased, on vacation, or otherwise not working because the agency “lacks an automated system that ensures only employees who are working […]
It is the public understanding that the Financial Oversight and Management Board for Puerto Rico (FOMB) is “tasked with working with the people and government of Puerto Rico to create the necessary foundation for economic growth and to restore opportunity to the people of Puerto Rico.” Furthermore, its express statutory mandate includes that “at any time submit […]
After almost four years of service as a member of the Financial Oversight and Management Board for Puerto Rico, José Ramón González announced he has informed the White House that he will not be available to continue holding over in his current appointment beyond Aug. 31, nor will he be available for re-nomination to a […]