U.S.-Funded Broadcaster Criticized for Selling Assets at Huge Loss
Part of composite article Global Race for Self-Driving Cars Intensifies with Major Investments and Approvals View full article →
A U.S. government-funded broadcaster is facing accusations of wasting taxpayer money. Radio Free Asia (RFA) is selling its used broadcasting equipment online for a fraction of its original cost.
Congressman Darrell Issa strongly criticized the ongoing auction. He labeled the sales a "betrayal," suggesting RFA is selling the expensive, taxpayer-funded gear for pennies on the dollar.
The equipment for sale includes professional cameras, audio recorders, and computers. RFA originally purchased these items with federal funds to support its news operations.
Issa's statement implies the broadcaster is acting out of spite. The controversy highlights concerns about how publicly-funded organizations manage their assets.