State Legislator Wants Audit of EB-5 Program in SD


SIOUX FALLS, S.D. (AP) – A Democratic state legislator is calling for an independent fiscal audit of South Dakota’s participation through a private corporation in a federal investment-for-green-cards immigration program.

Rep. Kathy Tyler, of Big Stone City, says she tried to put the issue on this week’s legislative Executive Board meeting agenda, but her request was voted down.

Tyler says there are foreign investments and loans and money going back and forth to the Cayman Islands, and the public deserves answers about the money flow.

Executive Board chairman Ryan Maher, a Republican from Isabel, says the board already had a full agenda, and legislators would not be able to get any answers while the EB-5 program remains under a state and federal investigation.

He says the issue could be considered in December.

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