Investigation Into City College President’s Finances: What We Know


Questions have been raised over the handling of the expenses of the former president of the City College of New York. It’s too early to tell whether the scandal has affected donations to the college.

Ángel Franco/The New York Times

An investigation into the financial dealings of Lisa S. Coico, a former president of the City College of New York, has expanded to include the question of whether she received thousands of dollars in unauthorized payments from the college’s oldest alumni fund, The New York Times reported last week.

That development, along with an inquiry into possible misuse of federal research money, has raised concerns among officials at the City University of New York (the system of which City College is a part) and Gov. Andrew M. Cuomo.

Here is a guide to understanding the situation:

What happened?

The Times reported in May 2016 that the 21st…

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