Former revenue commissioner deviated from state law when investing Alaska’s savings, review finds

Israel

Former Alaska Revenue Commissioner Adam Crum deviated from state policy and failed to perform the necessary due diligence before committing millions in state savings to a private equity fund, according to an outside review ordered by Gov. Mike Dunleavy after Crum’s decision came to light last summer. In its report , the D.C.-based law firm WilmerHale said its investigation had raised “significant concerns” about whether Crum met his fiduciary duties under state law. Investigators also found