Why Was Electric Board Account Hidden?

 

If you haven't read this article yet: REB Account

This presents two questions:

1. How was the original 25K transfer referenced in financial reports? (Assuming it was a transfer of funds.)

2. If it wasn't a transfer, where did the 25K come from? Was this a payment for some kind of services rendered that couldn't be legally explained?

We're also curious as to who told Sherry Smith to hide the account when legally she was obliged to provide the information concerning it. Just who is paying her salary?

Why are the agencies to which these REB shenanigans have been reported taking so long to step in and do something? By something, we mean charge with either an ethics violation or an actual crime.