- Paris Metro issues ‘politeness manual’ to improve passengers’ behavior
- Justin Bieber, crew detained at Australian airport in drug search
- Lee Rigby trial: Muslim who machete-hacked soldier calls it ‘humane’ kill
- GM ending Chevy sales in Europe to focus on Opel and Vauxhall
- Putin’s U.S. diplomats busted for living high life off $1.5M bilked from Medicaid
- Happy Meal: Couple goes to McDonald’s, leaves with bag packed with cash
- Boehner: It took me 3 to 4 hours to sign up for Obamacare
- Oh my God! Costco lists Bible as fiction, Ron Burgundy memoir as gospel
- Sarah Palin responds to Martin Bashir’s resignation, praises media
- Obama to send 2 Gitmo terror suspects back to Algeria
D.C. CFO Gandhi to resign
D.C. Chief Financial Officer Natwar M. Gandhi is resigning after 13 years holding the post, he announced Friday.
Mr. Gandhi, 72, wrote in a letter to city officials that he will step down on June 1. A spokesman said his retirement is for purely personal reasons.
Mr. Gandhi was appointed to another five-year term in June and announced this week that the city accumulated a $417 million budget surplus last year, but his tenure has also included scandals involving alleged embezzlement by tax office employees and a Securities and Exchange Commission inquiry into allegations that the office withheld release of negative internal audits.
A tax office employee was arrested in 2007 and eventually convicted of embezzling nearly $50 million from the city, and another employee was charged last year with bilking the city out of $300,000.
A federal grand jury is also investigating the tax office's handling of the city's $38 million lottery contract
In a statement, D.C. Mayor Vincent C. Gray thanked Mr. Gandhi for his service and credited him with helping to build the city's current $1.5 billion fund balance.
"Without his leadership, the District would not have experienced the extraordinary fiscal turnaround that we have seen in the last dozen years," said Mr. Gray, a Democrat. "Our city owes him a great debt of gratitude."
© Copyright 2013 The Washington Times, LLC. Click here for reprint permission.
About the Author
David Hill joined The Washington Times in February 2011 as a Maryland political reporter. He can be reached at email@example.com.
- Md. drivers could face eventual doubling of gas tax
- Federal appeals court restores Maryland's concealed carry law
- Md. bill would end student suspensions for mimicking gun behavior
- Maryland Senate passes bill decriminalizing small amounts of marijuana
- Virginia Gov. Bob McDonnell assailed on transportation
Latest Blog Entries
- 'Hunger Games' delivers Obama's message on income inequality: liberal group
- CURL: 'Mission Accomplished' for Obamacare
- CARSON: Getting to the top by starting at the bottom
- Obama returns to class warfare as poll numbers plunge
- Hack attack: 2 million Facebook, Twitter passwords stolen
- NAPOLITANO: Pope Francis should be saving souls, not pocketbooks
- Democratic infighting erupts over 'we can have it all' fantasy on entitlements
- HARPER: 'Knockout game' not a myth to liberal Sharpton
- American teacher shot and killed at Benghazi international school
- Hola: Boehner prepares to push amnesty bill through House
Independent voices from the The Washington Times Communities
All of the world’s problems, solved on your back porch
Brazen, leading-edge, “call it like it is” columns and reporting from Ohio native, radio host and writer, Sara Marie Brenner.
Entertainment News and Reviews from Washington, D.C. and beyond.
White House pets gone wild!