Add Tom Schweich to the list of critics of the way Missouri economic development officials handled Mamtek.
The State Auditor Tuesday released a report hammering the Missouri Department of Economic Development for too-little due diligence of the failed sucralose plant in Moberly, and finding similar, if less-dramatic, shortcomings in other projects.
Schweich’s audit came after legislative hearings, a flurry of lawsuits and – last week – criminal charges against one key player in the debacle that left tiny Moberly with a half-built sweetener plant and $39 million in debt. It focused on the role of DED, which developed an incentive package and authorized bonds – which were later issued by Moberly – to help bring Mamtek to Missouri. Read more on St. Louis Post-Dispatch.