With all the press regarding the shady finances of SUNY’s Research Foundation, “artvoice” decided to check in on the status of who is actually running this shady and very secretive private research foundation that has access without accountability to hundreds of millions ($132 million) in public funding.
The group handled $132,000,000 in state funds for construction projects in Buffalo. As reported in The Great UB Heist:
Who are the directors of the Buffalo 2020 Development Corporation? James Weyhenmeyer, the chairman, is also vice president and managing director of the Technology Accelerator Fund at the SUNY Research Foundation. Satish Tripathi, the vice chairman, is the newly-named officer-in-charge of UB and soon to be president.
Buffalo 2020 Development Corporation board members are: David Dunn, vice president for Health Sciences at SUNY Buffalo; Scott Nostaja, who abruptly resigned as senior vice president and chief operations officer at SUNY Buffalo on March 23; John J. O’Connor, senior vice chancellor for Research and Innovation, secretary of SUNY, and president of the Research Foundation of SUNY; Edward P. Schneider, executive director of the UB Foundation; and former UB President John B. Simpson.
Since then, Scott Nostaja quit his job at UB and has resigned from the corporation. Under intense scrutiny, John O’Connor left his positions at SUNY and the SUNY Research Foundation and resigned from the corporation. John Simpson, who quit as UB President, retains his position in the corporation. So does David Dunn, who recently quit his job at UB to go to the University of Louisville. Current UB President Satish Tripathi also retains his position.
The group is supposed to have a meeting in July, but they contend they are not subject to the Open Meetings Law.
Read more: http://blogs.artvoice.com/avdaily/2011/06/24/buffalo-2020-development-corporation-in-flux/#ixzz1QIkXNtHv