(Sanitized)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP69-00011R000100050094-5
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: December 19, 2016
• Document Release Date: October 26, 2005
• Sequence Number: 94
• Publication Date: September 27, 1963
• Content Type: MF

Approved For.Release 2006/01aiC
RDP69-000118000100050094-5
27 SEP 1963
MEM0RMIDUM FOR : Mr. Earman
SUBJECT : Project
0
1. Yesterday afternoon I talked to Mr. Karamessines about
the I audit report, and he in turn called Cord Meyer.
Mr. Karamessines is fully aware of the basic findings of the audit,
and he asked Mr. Meyer to take a personal interest in the analysis
which is being undertaken by the CA Staff's support unit.
2. I also discussed the project with the Administrative
Officer He has been looking into the matter since
the Audit Staff first identified the problem, and prior to the
actual submission of the audit report. He believes that it will
be possible to reconstruct accountings for most of the unsupported
disbursements b using records which are maintained
It will also be necessary to carefully
review the discrepancies noted in the report, and to determine
whether there is a basis for action against any individual.
3. The analysis of the records may take two or three weeks.
In the meantime, 1 1 notified that the project outline
and the Admin Plan should be re-written to clearly distinguish
between subsidy payments and Agency advances, and to insist onspro-
per accountings for all funds except bona fide subsidy payme
4. I will keep the Audit Staff informed of the progress of
the investigation
Approved For ReleaseETF*
 25X1 Approved For Release 2006/01/31 : CIA-RDP69-00011 R000100050094-5
Approved For Release 2006/01/31 : CIA-RDP69-00011 R000100050094-5