Illinois State Treasurer Mike Frerichs says his office is prepared to make changes following an independent review from an outside accounting firm. The review found a paid internship program improperly gave positions to young people with political connections. Frerichs says his office will still offer internships, but is scrapping the previous program:
“But we’re not going to spend $150,000 a year on interns who might be politically clouted.”
Frerichs made his comments today/yesterday during a stop in Peoria. His office released the results this week as part of a 100-day audit Frerichs promised after taking the Treasurer’s Office.