Auditor: Missouri Too Indiscriminate With Tax Incentives

The state handed money to iffy companies with little or no due diligence

Democratic Gov. Jay Nixon's Department of Economic Development and its lucrative tax incentives have led, in part, to a failed industry and a CEO facing criminal charges, state Auditor Thomas Schweich says.

Schweich, in a report released Wednesday, says the DED's division of Business and Community Services "failed to perform due diligence" on various projects, including the recruitment of Mamtek USA to Moberly.