State gasline corporation quietly opens office in Tokyo

Last weekend, the Alaska Gasline Development Corporation announced that it had opened a new office in Japan. But, it only made the announcement in Japan. Now, one lawmaker is questioning how the agency is spending its money, and why.

Sen. Cathy Giessel, R-Anchorage, said she thinks the corporation is misspending the money the legislature appropriated to it.

“We have no information about this Japanese office,” she said. “At the same time we’re here in Juneau, wondering how we’re going to balance the budget, considering taxing citizens, reducing education funding, dealing with healthcare costs. And $100 million is sitting in the treasury of the AGDC and we don’t know what it’s being used for. So there is huge, there is huge concern.”

Giessel also said the corporation was not transparent in its decision to open the new office. She chairs the Senate Resources committee and says she attends most of the corporation’s board meetings.

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Author: Hans Rodvik

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