5 things to know about James O'Keefe's departure from Project Veritas
2. The board's version of events
In a statement released Monday, Project Veritas' board of directors maintained that "James has spent an excessive amount of donor funds in the last three years on personal luxuries."
"James was suspended indefinitely pending the resolution of a fulsome investigation and clarity which will need to be provided by a third party investigative audit report," the statement reads.
The statement listed examples of what it characterized as misuse of donor money, including "$14,000 on a charter flight to meet someone to fix his boat under the guise of meeting with a donor, $60,000 in losses by putting together dance events such as Project Veritas Experience, over $150,000 in black cars in the last 18 months, thousands of dollars spent on DJ and other equipment for personal use" as well as "hundreds of other acts of personal inurement."
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The board asserted that "James left us no choice but to suspend him when he unilaterally fired the [chief financial officer], who can only be fired with Board approval."
The statement condemned the individual's termination as "a violation of our non-profit's by-laws."
The board rejected O'Keefe's claim that they "did not allow him to send an apology letter to the staff." They stressed that "the Board and Management made numerous attempts in the last 14 days to have a conversation with James, but he ignored our outreach and decided to instead leak private information to others, either by doing so himself or by proxy."
Ryan Foley is a reporter for The Christian Post. He can be reached at: [email protected]
