"A law firm contracted by the Kentucky Public Pension Authority to investigate 'improper or illegal activities' related to past investments has completed its report & submitted it to the Kentucky Attorney General according to a filing in Franklin Circuit Court.

"What it says is still a mystery.".

The KPPA and the OAG have informally declined The Courier Journal's requests for a copy of the report. The Courier is awaiting a formal response to open records requests submitted to both agencies.

KPPA contracted w/ Calcaterra "to investigate specific investment activities conducted by the KY Retirement Systems to determine if there are improper or illegal activities on the part of the parties involved & produce a detailed report documenting the investigation & findings."

The contract disingenuously included a provision authorizing the KPPA to ask the contractor to produce a summary report that would be suitable to publish to the public without waiving attorney/client privilege.

"The KRS contract with Calceterra Pollack, LLP, begins with the erroneous assumption that it can 'contract away' the public's right to know. It is a presumption that is at odds with the statement of legislative intent found in the open records law."

https://www.facebook.com/419650175248377/posts/856684941544896/?d=n

Here, Calcaterra acted as an investigator engaged to uncover and report on facts—not a legal adviser engaged to render legal services. The attorney-client privilege has no application. Calcaterra's report is final and enjoys no protection as a preliminary document.