Ohio Democrats said yesterday they were demanding to know why the state's attorney general took nine months to move against a Bermuda hedge fund that lost $215 million invested by the state's Bureau of Workers' Compensation (BWC).
"We're going to push it until we get to the truth," said State Sen. Marc Dann, D-Liberty Township, an attorney who is helping to spearhead his party's investigation into continuing revelations of politically-tinged investments and losses at BWC.
On Friday, Republican Attorney General Jim Petro said he had filed suit in Franklin County Common Pleas Court against MDL Active Duration Fund Ltd., alleging fraud, breach of contract and other violations of state law.
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