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May 6, 2014

EGF/EDHA Loan Scandal: EDHA recently destroyed documents

by Timothy Charles Holmseth

The EDHA shredded federal documents in the time-window Executive Director Jim Richter came forward about the un-paid loan.

The shredding of the documents was the result of office personnel becoming increasingly nervous and paranoid, said a staffer.  

The $510,000 loan to the City of East Grand Forks from EDHA is not the only half million dollar loan that was granted by Richter that has gone unpaid; there is another like it, said a source.  

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