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Pursuant to the Government Corporation Control Act of 1945, as amended, we are initiating an audit of the Great Lakes Saint Lawrence Seaway Development Corporation’s (GLS) financial statements for fiscal years 2021 and 2020. The objective of this audit will be to express an opinion on whether GLS’s financial statements are fairly presented, in all material respects, in conformity with accounting principles generally accepted in the United States.
On October 11, 2019, and December 20, 2019, Chairman Peter DeFazio of the House Committee on Transportation and Infrastructure requested that we investigate reports of potential conflicts of interest and favoritism involving former Secretary of Transportation Elaine L. Chao. Prior to receiving Chairman DeFazio’s letter, our office had opened a preliminary review regarding the issues raised in that letter as well as other matters. This letter provides information on our preliminary review and subsequent formal investigation into potential misuses of position.