GRAMBLING — Grambling State University's top finance official is out in the wake of a state audit released last month showing that in the fiscal year that ended June 30, 2009, GSU violated two state laws and at one point lost more than $1 million on illegally purchased stock.
Vice president for finance and administration Daarel Burnette, who had been on the job two years, left the position Wednesday.
But GSU and the University of Louisiana System refused to say Thursday whether Burnette resigned or was fired. Both said they do not comment on personnel issues.