DPS to hold investigative hearings on questionable real estate transactions

Contact: Steven Wasko at 313-873-4542 or Jennifer Mrozowski at 313-873-8401

Detroit Public Schools will hold unprecedented public investigative hearings beginning Thursday, Oct. 22 to probe decision-making into questionable real estate transactions.

Robert Bobb, DPS’ Emergency Financial Manager, will preside over the hearings. Bobb will call witnesses to testify before him under oath.

“It is important to bring closure in the public’s mind to the allegations regarding past real estate transactions of the Detroit Public Schools, wherein large sums of cash were disbursed,” Bobb said.

Hearings will begin at 10 a.m. at the DPS Welcome Center, 3031 West Grand Blvd., classroom 1.
Some of the real estate deals to be probed include the purchase of a condominium in the Fisher Building; lease of space in the Fisher building; and the construction of Cass Technical High School and the Detroit School of Arts. The district will also seek answers on certain long-term leases of school sites and other transactions.

Bobb is calling on anyone with information on past real estate deals to step forward and call the DPS Inspector General hotline at (313) 870-3436.

This entry was posted in News and Press Releases and tagged , , .