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GOP audit released -- shows Hubbard's firm got $800,000 in printing business

AL.com reports: The Alabama Attorney General's office has subpoenaed records from the Alabama Republican Party, including an audit and supporting financial documentation for 2010, when the party successfully won control of the Alabama Legislature.

That audit shows that a printing company co-owned by Alabama House Speaker Mike Hubbard received more than $800,000 of business either directly from the party or as a subcontractor under Florida-based Majority Strategies. ...

The audit, conducted by Warren Averett L.L.C., is a mere seven pages long and consists mostly of reconciliations the party's cash balance.

However, in an addendum, the audit notes two "related-party" transactions.

"The Organization incurred direct printing expenses from Craftmasters Printing, a related party, in the amount of $83,524 in 2010," the audit said. "Total indirect printing, postage, mail service and shipping costs paid to Majority Strategies (non-related party) and remitted to Craftmasters Printing was $725,262 in 2010." -- Read the whole article --> Alabama Attorney General subpoenas state GOP records | al.com

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