The Scott administration will “expedite” release of records pertaining to EB-5 projects that are at the center of the largest fraud case in the state’s history.
Last month, Gov. Phil Scott asked the Department of Financial Regulation to develop a plan to disclose communications between state commerce agency officials and the developers of the Jay Peak projects.
The documents will become available as defense lawyers seek records as part of the discovery process in the state’s lawsuit against former Jay Peak owner Ariel Quiros and his partner, Bill Stenger, the former CEO of the ski resort located in the Northeast Kingdom.
The records have been closed to public purview until now. The Vermont Attorney General withheld the documents from VTDigger, citing an exemption in the Vermont Public Records Act for relevant litigation. Bill Sorrell, the former AG, said the documents would be made available after the state’s lawsuit against Stenger and Quiros ended.
Scott has said it’s important for the public to have access to the records in order for his administration to “hit the reset” button on the Vermont EB-5 Regional Center program.
Read more by clicking below image