September 7, 2007

ACE Official Is Named in Audit of Former Employer

By BETH MCMURTRIE

A senior vice president of the American Council on Education, James Renick, has come under scrutiny in a state audit of spending at North Carolina A&T State University during part of his tenure as chancellor there.

A state audit released last month found that $380,000 in receipts from a beverage contract had been improperly directed into a discretionary fund maintained for the university's chancellor from 2003 through 2005.

Much of the vending money, which is supposed to be

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