An article in The Navy Times looks at how an embarrassing financial scandal at the Naval Academy helped hasten the exit of the school’s superintendent, Vice Admiral Jeffrey Fowler.
Referring to a copy of an investigation report, the Times noted that academy officials working under Fowler “had created a ‘sham’ bank account.” It was set up, according to the article, “in April 2007, using $95,000 of corporate sponsorship money that the academy received for participation in” a 2006 bowl game.
The article also stated that other questionable spending probed by the report included “annual spending of $400,000 or more for academy-sponsored tailgate events at fooball bowl games over the past five years.”
