Commerce Department identifies $4 million in conflicts of interest tied to Development Fund board leaders

What the primary sources show

• The North Dakota Commerce Department discovered that two board members of the Development Fund had involvement in approximately $4 million of transactions that presented conflicts of interest. [Bismarck Tribune] [Mandan People Reporting News (public group)] [Bismarck Community Buzz (public group)] [Bismarck people reporting the news (public group)]
• The Commerce Department declined to disclose the names of the companies involved in these transactions. [Bismarck Tribune] [Mandan People Reporting News (public group)] [Bismarck Community Buzz (public group)] [Bismarck people reporting the news (public group)]

What they left out / still unanswered

• Who are the two board leaders involved?
• What companies benefited from the transactions?
• What action will the Commerce Department take in response?

Official line vs. how each source framed it

• Bismarck Tribune: Bismarck Tribune reported the Commerce Department's findings while emphasizing the agency's refusal to release company names and specifically cited the board chair's firm securing a $500k grant. Read it → · Paywall
• Mandan People Reporting News (public group): Mandan People Reporting News shared the Commerce Department's disclosure of conflicts of interest within Development Fund leadership. Read it →
• Bismarck Community Buzz (public group): Bismarck Community Buzz shared the Commerce Department's disclosure of conflicts of interest within Development Fund leadership. Read it →
• Bismarck people reporting the news (public group): Bismarck people reporting the news shared the Commerce Department's disclosure of conflicts of interest within Development Fund leadership. Read it →

701 News writes these summaries from the sources above and checks every sentence against them. Read the originals for the full reporting. Corrections

← All Bismarck-Mandan news