The Wesleyan Argus is reporting that Attorney General Richard Blumenthal, now a candidate for US Senate, has opened an investigation into the "alleged misconduct of the University’s former Vice President for Investments, Thomas Kannam. The Attorney General’s office is attempting to determine whether Kannam misused any donated funds."
According to the Argus, Kannam's legal reprentatives deny any misappropriation of funds by their client.
Wesleyan, for it's part, denying any claim that it has accused Kannam of abusing Wesleyan's endowment.
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