Dear Attorney General Holder:
In recent days, serious questions have arisen about the actions and involvement ofCharles Millard, former director of the Pension Benefit Guaranty Corporation (PBGC), in that agency’s procurement processes. Attached is an audit report by the PBGC’s Inspector General that investigated troubling allegations relating to Millard’s involvement in the selection ofinvestment firms to manage $2.5 billion in trust fund assets.
We trust that the Justice Department will engage in a thorough and independent review of Mr.Millard’s actions.
Thank you for your attention and should you have any questions, please have your staff contact Ben Olinsky of Senator Kennedy’s staff at (202) 224-XXXX or Emilia DiSanto of Senator Grassley’s staff at (202) 224-XXXX.
Sincerely,
Edward M. Kennedy Chairman HELP Committee
Max Baucus Chairman Committee on Finance
Michael Enzi Ranking Member HELP Committee
Charles E. Grassley Ranking Member Committee on Finance
Barbara A Mikulski Member HELP Committee
Richard A. Burr Member HELP Committee
Source: Ranking Member’s News