Audit finds Toronto Mayor Rob Ford overspent during 2010 campaign
A forensic audit has found that Toronto Mayor Rob Ford broke the spending rules during his 2010 mayoral campaign.
"In our opinion, the candidate's campaign expenses ... exceeded the authorized limit by $40,168," said the report from the three-person audit panel.
It means Ford is in an apparent contravention of the Municipal Elections Act.
Ford ran a $1.3 million campaign — but was challenged over money loaned to his campaign by his family company, Deco Labels.
The auditors found that the $77,000 loaned by Deco broke the rules because the campaign did not pay interest on the loan.
The audit also found a number of other violations of the Act.
A special prosecutor may now be brought in to sort through the audit findings and decide if further action needs to be taken.
Ford could face penalties ranging from a fine all the way to being removed from office — though most political observers say that is unlikely.
Just one week ago, Ford escaped from another threat to his mayoralty when the Ontario Appeal Court ruled in his favour in a conflict of interest case.
