City Controller subpoenas financial records from '28 Olympic organizers

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Set us as preferred Los Angeles City Controller Kenneth Mejia issued a legal demand Friday for the organizers of the 2028 Summer Olympics to disclose more information about the organization’s finances — including bank statements, detailed plans for venue construction and the size of contracts with outside vendors.Mejia’s subpoena, issued under his City Charter authority, came two and a half weeks after officials at LA28, the Olympic organizing committee, rejected his previous request to disclose the information.Mejia demanded the information, much of which was also requested by The Times, as required in the 2021 contract that defines the working relationship between LA28 and the host city of the 2028 games.LA28 officials had no immediate comment.Leaders of the Olympics organizing group have said previously that while they had not disclosed all of the information in their annual reports — as required by the so-called Games Agreement — they had provided the information to other city officials, including Mayor Karen Bass and the city administrative officer and chief legislative analyst.“LA28’s refusal to comply with my Office’s request after years of withholding information that they are contractually obligated to provide to the City of L.A.

is unacceptable,” Mejia said in a statement.“My responsibility is to protect taxpayer dollars, and I will use my full authority under the City Charter to assess the City’s financial exposure of hosting the 2028 Games.”The information that Mejia wants is supposed to be contained in annual reports that LA28 issues to its officially designated city “liaisons” — the mayor, city attorney, and top administrative and legislative officers.The Times found in its own review that LA28 had given vague and sometimes incomplete information.

Among the missing details: progress...