“Consider this letter a litigation hold notice,” Republican leadership in the Arizona legislature told National Association of Attorneys General (NAAG) executive director Brian Kane after Breitbart News revealed the group’s ESG (environmental, social, and governance) investments.
In the letter exclusively obtained by Breitbart News, Arizona Senate President Warren Petersen (R) and House Speaker Ben Toma (R) describe NAAG’s maladministration of public funds in contravention to Arizona law.
“At this point, litigation is reasonably likely between us,” the letter says, threatening a lawsuit.
“It appears that NAAG has been operating outside the lines, and the result is millions in public money lost on ESG investments, foreign stocks, and trips to Europe, while millions still sit in the hands of an unaccountable bureaucracy in Washington, D.C.,” it continues.
“This…
