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Briefing on University of Hawaii financial management today

By Associated Press

LAST UPDATED: 1:46 a.m. HST, Sep 24, 2012

A special state Senate committee will hold its initial briefing on concerns about how finances are handled at the University of Hawaii.

Today's briefing is expected to delve into a botched Stevie Wonder concert that needed to be canceled after officials learned the event wasn't approved by the artist or his representatives. The university lost $200,000, along with public confidence.

The Special Committee on Accountability's briefing was called in response to the public's concern about the concert. But the briefing will also review the university's broader financial management.

The chair of the university's Board of Regents, the university's president and the former athletic director are expected to go before the committee.

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