An Amtrak Trainmaster was terminated from his position on August 14, 2018, and an Amtrak executive resigned from his position in lieu of termination on August 17, 2018. The Chicago-based employees violated company policy by accepting gifts from the owner of a firm doing business with Amtrak and by intentionally providing false or misleading information to the Amtrak Office of Inspector General.
We are initiating an audit of the company’s management of its maintenance‐of‐way equipment. Our objective is to assess the effectiveness of company policies, procedures, and controls to promote the efficient use of the equipment and to prevent and detect fraud, waste, and abuse. We may expand our scope or modify our objective during the course of the audit.
WASHINGTON – Union Station’s nine ongoing improvement projects face risks of delays and cost overruns due to weaknesses in their scheduling, cost estimating, and project management practices, according to an Amtrak Office of Inspector General audit released today.
Amtrak (the company) contracted with the independent public accounting firm of Ernst & Young LLP to audit its consolidated financial statements as of and for the fiscal year then ended, September 30, 2017, to provide a report on internal control over financial reporting and compliance with certain provisions of laws, regulations, contracts and grant agreements, and other matters. The contract also required Ernst & Young to perform a Single Audit of the company’s federal grants for the fiscal year ended September 30, 2017, in accordance with the audit requirements of Title 2 U.S.