Here is what Madelyn Lugo, the head of National Puerto Rican Day Parade (NPRDP), shared today in response to reports that the office of the New York Attorney General will disband the board based on a investigation surrounding the board’s dealings. A detailed summary of what was reported previously can be seen here. Last summer, Lugo gave a lengthy interview with Latino Rebels about allegations of financial mismanagement and conflict of interests.
We cannot comment because the State Attorney General’s Office is still conducting its process. Our organization continues to fully cooperate with the Attorney General, and I stand by previous statements that no Board Member at the National Puerto Rican Day Parade, Inc. has committed any wrongdoing with sponsor deals and conflicts of interests. The National Puerto Rican Day Parade, Inc. is not for profit organization registered with the State of New York, and therefore the State Attorney General is fully entitled to ensure that its assets are protected. We look forward to continuing to cooperate with the AG during the entire process, and we are ready to implement any mandates that might result from it.
No further statements will be issued until the AG’s Office has announced the results of its investigation.