MEMPHIS, Tenn. — The city of Memphis has released the results of the forensic audit of the Memphis Area Transit Authority after WREG investigators reported last week it was being withheld.
On July 21, WREG Investigators revealed that the city of Memphis spent $600,000 on a forensic audit of the “MATA’s cash flows and transactions” between Jan. 2019 and June 2024.
MATA has been under the microscope after announcing last summer a $60 million shortfall.
City withholds results of MATA audit report
The mayor told us then, he was ordering a forensic audit as part of a broader effort to figure out the financial issues…