The gist: Despite the conclusions of an internal monitoring review that found numerous deficiencies in a taxpayer-funded federal loan to mayoral aide Marcus Bruno — findings that prompted Bruno to repay the loan seven years early — an assistant city-parish attorney is trying to make the case that the verdict is still out on any […]
The Community Development Department’s monitoring review of the 2016 loan to Robideaux aide Marcus Bruno found it in likely default for lack of compliance with federal requirements and recommends the nonprofit board that awarded it either modify the loan agreement, call in the loan or pursue legal action.
The gist: The City-Parish Council unanimously supported a resolution Tuesday by councilmen Jay Castille and Kenneth Boudreaux asking that the body be kept abreast of federal and state investigations into a suspect 2016 loan to one of the Mayor-President Joel Robideaux’s assistants. But it’s unlikely the council will be hearing anything any time soon.