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April 5, 2012

Investigative Report of Greg Mortenson and Central Asia Institute

[intro-paragraph]Montana Attorney General Steve Bullock on April 5, 2012 announced a settlement agreement with Greg Mortenson and the Central Asia Institute, concluding a yearlong investigation into allegations of mismanagement of assets by Mortenson and the charity. Based on the results of the investigation, the Attorney General has concluded that CAI’s board of directors failed to fulfill some of their responsibilities as board members of a nonprofit charity. Further, Mortenson failed to fulfill some of his responsibilities as executive director and as an officer and director of the organization.[/intro-paragraph]

Download the full report here.