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Hood hasn’t turned money over to...

Hood hasn’t turned money over to clubs

By: Magnolia Tribune - February 22, 2008

The Sun Herald, 2/22/8

Rural Boys and Girls Clubs could be in dire straights unless Attorney General Jim Hood turns over money pledged from a settlement with State Farm insurance companies.

The Boys and Girls Clubs Alliance of Mississippi is expecting $800,000 of a $5 million settlement State Farm paid Hood’s office in exchange for his agreement to end an investigation of the company. Hood has said he planned to cover the cost of the criminal investigation, then turn over the rest of the money to the state’s general fund.

He did not respond to the Sun Herald’s request Thursday for information about the situation, but recently told a federal judge his office was still working to calculate the cost of investigating State Farm because a second probe had been under way.

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