Karen Mills Leaves SBA With Legacy of Fraud and No Successor, According to the American Small Business League
PETALUMA, CA, Aug 30, 2013 (Marketwired via COMTEX) --
Friday, August 30, will be Small Business Administrator Karen Mills'
last day on the job. She resigned over six months ago and yet
President Obama has not named a successor. President Obama's failure
to name a successor has led many to believe he may try to close the
agency to cover up the widespread fraud and abuse that was uncovered
during Mills tenure.
During Mills' term at the SBA, the minimum 23 percent federal small
business contracting goal was never met. Federal contracting goals
for woman-owned firms, Service Disabled Veteran-Owned small
businesses, minority-owned and HUBZone small businesses were rarely
or never met.
During Mills' leadership at the SBA, rampant fraud and abuse was
uncovered in every program managed by the SBA.
Every year of Mills' term at the SBA, the SBA Office of Inspector
General named the diversion of federal small business contracts to
some of the largest corporate giants in the world as the number one
problem at the SBA. Mills refused to take any action to address the
widespread fraud and abuse.
In fact, the diversion of federal small business contracts to Fortune
500 firms and other large businesses escalated during Mills' tenure.
According to the most recent data from the Federal Procurement Data
System, of the top 100 recipients of federal small business
contracts, 71 are currently large businesses.
Some of the firms the Mills led SBA included in their small business
contracting data included, Rolls Royce, British Aerospace, IBM,
Hewlett-Packard, Oracle, Chevron, Apple, General Electric, Verizon,
Costco, Wells Fargo, Home Depot, Microsoft, Johnson & Johnson, Dell,
Intel, Coca-Cola, Walt Disney, Sears, DuPont, Delta Airlines, United
Technologies and Russian owned international arms dealer
Rosoboronexport. In 2012, General Dynamics, with 92,000 employees and
$31 billion in annual revenue, received over $215 million in federal
small business contracts.
ABC, CBS, NBC and CNN have all reported on the diversion of federal
small business contracts to corporate giants.
On July 29, the Washington Post uncovered the fact that the SBA had
fraudulently inflated the actual percentage of federal contracts
awarded to small business by under reporting the actual federal
acquisition budget by over $115 billion and including billions of
dollars in contracts to corporate giants.
After investigating the Mills led SBA, the Government Accountability
Office essentially accused the SBA of encouraging fraud in report
10-108 that stated, "By failing to hold firms accountable, SBA and
contracting agencies have sent a message to the contracting community
that there is no punishment or consequences for committing fraud."
To watch the ASBL's latest video, click here.
American Small Business League
SOURCE: American Small Business League
[ InfoTech Spotlight's Homepage ]