North Carolina's Auditor needs to decide which job he prefers and resign from one of them. Merritt is the elected state Auditor and draws a full time salary of over $100,000 a year along with state benefits. He also remains involved in a personal venture as a retirement investment consultant.
Continuing with both jobs places him in a conflict of interest situation and he could be getting clients as a result of his state Auditor position.
Read the N&O editorial comment...
News and Observer
March 22, 2007
Merritt in the moonlight
Les Merritt needs to resign. Oh, not from his elected post as state auditor, where he's been doing a good job watchdogging government. No, Merritt needs to bag his moonlighting as a retirement investment consultant, something he's been doing with his son, Dale.
First, the state auditor's position is full-time, paying over $100,000 a year, and Merritt should give it his undivided professional attention. Second, he should recognize the unseemliness of appearing to use his position as a high state official to attract private clients, whether he advertises in that fashion or not. Third, there is a potential for a conflict of interest if he ended up with a client who was a state employee. Read more...