University officials said its own auditors reached several faulty conclusions about U-M’s investment office in 2014. Outside experts were supposed to help finish the job. It’s still not done.
On Feb. 19, the Detroit Free Press asked the University of Michigan about an unpublished internal audit that had started in 2014. Auditors had been authorized to evaluate the university’s investment office controlling a then-nearly $10 billion endowment, U-M’s largest asset.
U-M officials on…
