Braun arranging for independent IEDC audit amid transparency concerns

24 thoughts on “Braun arranging for independent IEDC audit amid transparency concerns”

1. The IEDC needed to be investigated. One win for Braun after the property tax mess

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2. I have no problem with an audit of the IEDC or any other governmental entity or subdivision for that matter. That said, I do find it a bit perplexing that the one government entity which has brought tremendous results for the State has become its favorite scapegoat.

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3. Thanks for the chuckle – you had me at “tremendous results.”

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   1. Hilarious

4. Audit away. I want to know why tax dollars and lottery money is not being spent on fixing roads and schools????!!!!!! My Property taxes went up $1000 . I cannot understand why this keeps happening and no accountability.

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   1. Indiana has lied to itself for decades. We’ve told ourselves that there are all kinds of quick fixes to our budgetary woes. We can just slash taxes to draw in new business, or cheapen our way to growth, gut essential services, all the while the population grows and the cost to provide public services increases. And we still pay our civil servants like crap. We continuously provide ever-larger corporate subsidies and property tax abatements for massive, multi-billion dollar corporations and we don’t build enough housing. All of this causes massive shortages in local and State budgets. The lottery being able to cover budgets was a nice thought in the 1970s and 80s, but was never realistic.

      If we want property taxes to **actually** be decreased for the common, middle-class homeowner, then we need to end the massive handouts for already-profitable megacorporations and glut the housing market (in an infill fashion; minimize new infrastructure overhead). The most recent “property tax relief” effort has been a joke. The only beneficiaries are big businesses who own massive amounts of land. The “up to $300 credit” for homestead properties is a slap in the face to Hoosiers. Under SB1, I would only get a credit of $50, but large land owners and big businesses save millions in property tax reductions, new deductions, and a crazy high threshold for personal property tax. Meanwhile, my public services and infrastructure will further deteriorate.

      We’re being pissed on and told that it’s raining.

5. As long as we are discussing road dollars, let’s examine how much we have received from the federal government, compared to our neighbors, and let’s ask our crack congressional delegation what they did, vis a’ vis road dollars, to benefit Indiana. 65 is sure pretty in Kentucky but in Indiana, not so much.

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6. I wonder how deep Andre C’s fingers are in this??? Among other things…he’s a crook.

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   1. Can you please explain how a Democratic U.S. representative might be mixed up in any alleged issues involving the state government that has long been in Republican hands? I’m thinking the IBJ content monitor might want to consider curtailing statements such as “among other things, he is a crook” aimed without any evidence or details at someone not even mentioned in this article.

   2. …Carson, a Congressional House representative for Marion County, one of only two Democrat House Reps in the whole State, is dictating State matters and telling the 20-year-long Republican supermajority what to do? Carson is to blame for the 20 years of unaccountability and reckless tax cuts for the biggest businesses? Sure, Jan.

      Republicans have been in charge of Indiana for 20 years with no real competition due to gerrymandering. Democats have no say in State-level policy. Any problems that are faced at the State level are entirely the makings of Republicans. When are Conservatives going to own their failures?

   3. Unless you joined this forum yesterday, it’s well known that I despise Carson, but this comment is hilariously off target

      That said, special shout out to Steve who thinks any slightly unfavorable comment about Saint Andre should be removed

7. https://x.com/inhsedems/status/1914783440471286135

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8. If anyone bothers to investigate for real, go to the IEDC Transparency bla bla, browse for 9-12 LLC and its DBAs – available at the Indiana Business Registry -, and explain to me why Vision Fleet is still alive and kicking.

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9. 2019 Central Indiana Corporate Partnership bla bla, can someone explain why they invested over $100M in the Caribean?

   The IEDC Pirates.

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10. What is the time line for the audit to be complete? Will it be shared in full with the public?

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11. What?!? The same organization that said “no, if we pull 1 kjillion gallons of water daily from a mid sized river won’t have any adverse affects at all, why do you ask?” might have some financial improprieties?

    Surely there is some mistake !!

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    1. Chuck the water is for Hydrogen.

       And the Hydrogen has been awarded with zero bids to Andretti Petroleum, check the ESN grants.

       The water pipeline goes along a connected corridor from Purdue West Lafayette to Purdue Downtown.

    2. I think you are missing my sarcasm

12. http://www.purdueexponent.org/campus/events/purdue-innovates-technology-expo/article_51f86f44-1140-4acd-b423-c808aa71733a.html

    Purdue Research Foundation
    9-12 LLC
    Battery Innovation Center
    Discovery Park
    Energy Systems Network
    Indy Innovation LLC
    Eclipse
    Enerdel
    Indy Sports Tech
    Trusted PPE
    Project Energy Reimagined Adquisition Company, in Cayman Islands.

    It is all the same 3 people: Pittman, Mitchell and Roberts.

    This has happened before, check the Vision Fleet scandal.

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13. Project Energy Reimagined Acquisition Company is a $25M fund with a $75M PIPE is ran by Duke’s fired Chairman and IEDC main constructor Michael Bowling, and the COO is IEDC “Innovator Orchestrator” and Enerdel former president, David Roberts.

    The sponsor is called Smilodon and it is located at an abandoned Foundry registered by IEDC as a LEAP property at 300 N Philadelphia St, La Porte, IN.

    This group buys Wejo, the illegal GM data trader and paid GM 70% back.

    This group funds Andretti F1.

    How do I know? Because in 2023 an employee of Andretti UK called Mark Haskins, called me at my home in Indy to net me know that “If I wanted to have business in Indiana, I needed to sponsor Andretti in UK”. He added that “since the State of Indiana cannot sponsor an F1 team, the IEDC Battery Innovation Center came up with an innovative idea to pay for Andretti F1 via Formula E by monetizing sustainability grants, because THOSE ARE UNLIMITED IN INDIANA.”

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14. IEDC fund Project Energy Reimagined is accused to steal $50M from Chinese bank HSBC:

    https://www.cstonepharma.com/en/uploads/2022/05/165400721280551.pdf

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15. Indy Innovation Challenge is a no-bid $100M fund, collocated with the Midwest Hydrogen Coalition at 1250 Indianapolis Ave:

    https://opencorporates.com/companies/us_fl/N24000005645

    IEDC David Roberts gifts the company to IEDC Paul Mitchell, and both own the Battery Innovation bla bla bla

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16. https://x.com/SenFadyQaddoura/status/1914753020555891050

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17. 21 Fund Growth LLC, represented by TAFT: https://opencorporates.com/companies/us_in/202501081853012

    TAFT is paid by IEDC to represent them, including LEAP:

    https://secure.in.gov/apps/iedc/transparencyportal/viewtaxgrantloancontract/ba680b88d4e2ed11a7c6001dd806af48

    https://secure.in.gov/apps/iedc/transparencyportal/viewtaxgrantloancontract/c9b23a1b50b8ed1183fe001dd806ae75

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