California Attorney General Concludes Getty Investigation

The Trust will be monitored by the state while it enacts reforms. “The report stated that the misuse of funds did not result from fraud and that the value of a settlement between the former president, Barry Munitz, and the trust exceeded the value of the losses from any improper payments. Notably, the attorney general found that a number of actions by Mr. Munitz that were approved by the board were consistent with the trust’s charitable purposes.”

Knight: Getty Should Do Better

Christopher Knight writes that though the Getty can put the state’s investigation behind it, there is a bigger issue. “Beyond the blot on institutional reputation, the bigger tragedy is that eight years have been squandered… You would be hard-pressed to name many major art initiatives to have emanated from its gleaming Brentwood offices. The trust has mostly been missing in action.”