Financial Scandal
In December 2007, DART revealed that it was facing a $1 billion shortfall in funds earmarked for the Blue Line rail service to Rowlett and Orange Line service to Irving, and DFW Airport. In January 2008, DART announced that it would divert monies from rail lines being built in Dallas. When Dallas officials protested, DART president and executive director Gary Thomas—who had known about the shortfall for at least eight months—announced that the agency would borrow more money instead.
In late January 2008, DART Board chair Lynn Flint Shaw, who was also treasurer of Dallas Mayor Tom Leppert's "Friends of Tom Leppert" fund-raising committee, resigned from her DART post. In February, she surrendered to the police on charges of forgery. On March 10, Shaw and her husband, political analyst Rufus Shaw, were found dead in their home in what turned out to be a murder suicide.
Read more about this topic: Dallas Area Rapid Transit
Famous quotes containing the words financial and/or scandal:
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—Mary Barnett Gilson (1877–?)
“The day the world ends, no one will be there, just as no one was there when it began. This is a scandal. Such a scandal for the human race that it is indeed capable collectively, out of spite, of hastening the end of the world by all means just so it can enjoy the show.”
—Jean Baudrillard (b. 1929)