UDWI management has been under scrutiny this year after allegations of money mismanagement. The co-op is also under an active FBI investigation.
The former CEO of the Utilities District of Western Indiana electric cooperative is suing the organization for breach of contract and unpaid wages.
The utilities board commissioned the audit because of claims of money mismanagement. The audit is in, but the board is not releasing the findings to members.
The UDWI rural electric co-op has named an interim CEO that has 42 years experience managing REMCs.
The FBI is investigating the electric co-op and the CEO is on paid leave while the company conducts an independent audit of financial records.
There are 2 investigations into the finances at the Utilities District of Western Indiana: an FBI probe and an internal audit ordered by the Board of Directors.
The Utilities District of Western Indiana is also hiring an outside auditor to look into the electric cooperative's finances.
The Utilities District of Western Indiana Board of Directors voted unanimously this week to place Brian Sparks on a paid leave of absence.
Todd Carpenter was elected to the board Saturday, but his win was called into question after someone filed a petition challenging his candidacy.
UDWI held its annual meeting Saturday and ratepayers got to vote on three board positions.