Town of Front Royal now suing EDA for additional $12 million

Virginia

Town officials learned more information from accounting firm report

FRONT ROYAL, Va. (WDVM) — The town of Front Royal initially sued the Economic Development Authority for $3 million and that number has since risen to $15 million.

Town officials say after reviewing the report from Cherry Bekaert, the accounting firm hired to investigate the EDA’s finances, they discovered a series of interviews with Jennifer McDonald and EDA board members that suggested the town was owed more money than they originally thought.

“I don’t think that it was actually $15 million that was directly taken from the town but indirectly the town’s going to have to make more interest payments. The town may have to repay to the state of Virginia,” said Front Royal town attorney Doug Napier.

Napier says he doubts the town is owed more than $15 million but it is possible.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

More Maryland
More West Virginia
More I-270
More Virginia
More Pennsylvania

Stay Connected

Events

Don't Miss

More Local News

Trending Stories