Investigators looking into the Mayo Foundation's research-grant awards said they had "never seen an accounting system with such basic failures," according to court documents released last week.
In late May, the foundation settled a $6.5-million civil court case brought by a former employee (who received more than $1 million in the settlement) under the False Claims Act, although the foundation denied wrongdoing. The foundation has said the documents show the federal government's failure to put together a criminal case and that it has changed its research-grant accounting procedures as a result of the investigation.
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