Alaska’s Legislative Budget and Audit Committee has voted to approve sending subpoenas, if necessary, to a list of people as they press on with an investigation into the abrupt firing of Angela Rodell, the former director of the Alaska Permanent Fund Corp.
After the outside counsel of the firm Schwabe, Williamson and Wyatt reached out to members of the Permanent Fund Corp.’s board of trustees to begin the investigation, the Department of Law senton behalf of the trustees. In the letter, the law department asserted that the legislative committee was overstepping its authority to review operations of the board.
The individuals on the list for possible subpoenas include members of the corporation’s board of trustees — including Chair Craig Richards — as well as Acting Executive Director and Chief Financial Officer Valerie Mertz, Chief Investment Officer Marcus Frampton and members of the corporation’s human resources and communications.
He explained that any voluntary interviews would not be under oath. If a member of the list was subpoenaed, that would be a deposition that would take place under oath, but it would not be done in public, Slottee said.
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