Political Quotes

Charles E. Grassley: The memo announces the recipients of the 1993 Presidential Rank Awards. Four recipients of the award and $10,000 cash…

On the recordMay 3, 1994
The memo announces the recipients of the 1993 Presidential Rank Awards. Four recipients of the award and $10,000 cash bonuses are senior officials of the Defense Finance and Accounting Service or DFAS as follows: John P. Springett, DFAS Director; Lorraine F. Lechner, DFAS Deputy Director; John S. Nabil, Director, Denver Center; and Clyde E. Jeffcoat, Director, Denver Center, 1991-92. The Defense Finance and Accounting Service is directly responsible for many of the problems that were the focus of the April 12 hearing. All four officials have held top management positions at DFAS since day one--November 26, 1990--the day DFAS was created. Mr. Springett--first as Principal Deputy Director then as Director; Ms. Lechner as Deputy Director for Resource Management and Chief Financial Officer; and Mr. Nabil and Jeffcoat as Directors of major financial centers at Kansas City and Denver. Three of the four continue to occupy top positions today. They run the show. They are in charge. They are accountable. Mr. Jeffcoat has retired, but he ran the Denver Center when $649.1 million in M account money was used to plug a gaping hole in Air Force accounting records to make the books balance. These rewards send the wrong signal to the rest of the financial management community. We say that fixing the problem is a top priority.

Editor's note · Context

Discussing the recipients of the 1993 Presidential Rank Awards and their accountability in financial management issues.

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