Financial Markets and Institutions:

RTC Inspector General

GGD-95-132R: Published: Mar 30, 1995. Publicly Released: Mar 30, 1995.

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Pursuant to a congressional request, GAO reviewed the operations of the Resolution Trust Corporation's (RTC) Office of Inspector General (OIG), focusing on: (1) the RTC-OIG apparent mishandling of 22 allegations of fraud, waste, abuse, and mismanagement at RTC; and (2) whether these apparent allegations of mishandling are an indicator of systemic shortcomings in RTC-OIG operations that might warrant further investigation. GAO noted that: (1) the actions taken by the RTC-OIG on the 22 specific allegations were reasonable; and (2) there were no indications of systemic problems in the OIG operations.

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