Now that Florida A&M University’s major gift investigation report is out – which found the controversial and problematic donation to be fraudulent – it’s time for the Florida Board of Governors to say its piece on the results.
The board plans to discuss the recommendations from the investigation report Wednesday morning during an Audit and Compliance committee meeting 11:15 a.m. to noon on the University of South Florida’s campus ahead of a full board meeting.
The purported donation, announced by Texas hemp farmer Gregory Gerami at FAMU’s summer commencement ceremony, was hailed as a “transformative” gift and the largest in history among historically black colleges and universities as it captured national headlines.
But the gift quickly led to skepticism and then embarrassment as it was “paused” before later being found “fraudulent” after the investigation. The investigative report also lays out how the university “improperly handled” the gift during its private vetting process.