Project Veritas Releases Statement On Why James O’Keefe Was Removed From Company

Project Veritas Board of Directors releases a Statement Monday evening was spent explaining the reasons why Project Veritas’ founder, and CEO James O’Keefe, had been removed from their company.

O’Keefe published a a>=”https://www.dailywire.com/news/james-okeefe-releases-statement-on-being-removed-from-project-veritas-hints-at-future-plans”>45-minute Video Monday afternoon, he stated that he wasn’t sure why he was being fired from the company. The only thing that had changed over the past weeks was the release by the company of its undercover sting videos that showed an alleged Pfizer employee making false claims about what was allegedly happening within the pharmaceutical company.

The board of Directors stated in a statement that the company “made numerous attempts in the last 14 days to have a conversation with James, but he ignored our outreach and decided to instead leak private information to others, either by doing so himself or by proxy.”

“We had a Board meeting scheduled for tomorrow where James was invited, and there was also a Board meeting on Friday, February 10, where James was invited (but did not attend) to discuss the financial malfeasance that was discovered, which requires us to act in order to remain in compliance with the law,” The statement was as follows: “There were two subjects that the Board wished to come to terms with James on: the company’s long-term sustainability based on staff retention and morale, and the company’s financial health — which has been a serious concern for several months now.”

According to the company, its leadership is still investigating O’Keefe’s spending of donor money in recent years. However, an initial review showed that they had completed their investigation. “James has spent an excessive amount of donor funds in the last three years on personal luxuries.”

O’Keefe was referred to in the statement. “suspended indefinitely pending the resolution of a fulsome investigation and clarity which will need to be provided by a third party investigative audit report.”

These were the main points of the statement “small representative sample” O’Keefe’s alleged spending on donor’s money

$14,000 for a charter flight to meet with someone to fix his boat. $60,000 in losses through putting together dance events like Project Veritas Experience. Over $150,000 in Black Cars over the past 18 months. Thousands of dollars spent in DJ equipment and other personal useHundreds of other acts personal inurement

According to the statement, the board of directors wanted to resolve the situation with O’Keefe, but that he was unwilling to do so. “left us no choice but to suspend him in the last few weeks when he unilaterally fired the CFO, who can only be fired with Board approval.”

“That is a violation of our non-profit’s bylaws. James went as far as to say that a Board member had approved this firing to others, but it was later discovered that it was not the case. That member did not approve the firing. The Board approved James’ suspension so it would have time to properly investigate these internal infractions,” The statement went on. “The Board has a legal obligation to comply with state and federal law, and these matters are serious ones that cannot be ignored.”

“James claims that the Board did not allow him to send an apology letter to the staff, which is not true. The Board never told James he was not to speak with staff members, nor that he could not apologize to them,” The statement has been added. “Even with all of this public fallout, the Board still wants to speak with James. We did not fire him, nor do we want him to resign. We would like to continue conversations with James to resolve internal matters rather than litigate them publicly.”