Sacramento Mayor’s Top Aide Responsible for Oversight of Appointee’s Credit …
News from LoanSafe:

(Source: By Ryan Lillis, The Sacramento Bee, Calif. (MCT) – Sacramento Mayor Kevin Johnson’s chief of staff was responsible for reviewing and approving credit card purchases made each month by the former mayoral appointee who allegedly racked up thousands of dollars in personal purchases on her city- issued card, a top city official said Tuesday.

It’s unclear whether that oversight ever occurred, said City Manager John Shirey.

City officials were unable to explain Tuesday how long-time mayoral aide Lisa Serna-Mayorga was able to use her city- issued credit card to make personal purchases – among them a trip to Disneyland, groceries and gas, according to sources – without anyone noticing. Serna resigned Thursday, after the questionable charges were discovered.

“I don’t know whether (monthly credit card statement) reviews were occurring or if they were occurring consistently,” Shirey said. “The only thing I can answer with any certainty is that her direct report was to the mayor’s chief of staff.”

Shirey has sought the help of both the city Police Department and an outside auditing firm to examine the charges, which have sparked broader concerns about the use of credit cards by city workers. Roughly 300 city employees hold city-issued…………… continues on LoanSafe

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Related News:

Credit card settlement: Win for retailers? Wal-Mart says no.
News from Christian Science Monitor:

Credit cards could be charged a retailers’ fee for transactions under a $ 6 billion settlement for fee-fixing by Visa, MasterCard, and issuers of credit cards. But Wal-Mart says the deal won’t cap rising merchant fees. 

Wal-Mart Stores Inc. urged retailers to reject a proposed $ 6 billion settlement that Visa Inc., MasterCard Inc. and major banks have agreed to pay retailers for alleged fee fixing.

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