Doug Wilder calls for firing of VCU President Michael Rao over $73M payout

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Posted at 12:12 PM, May 09, 2023

RICHMOND, Va. -- Former governor Doug Wilder called for a state investigation and the firing of VCU President Michael Rao in light of a $73 million payment VCU Health System quietly made in February to back out of a downtown development project. In a press conference Tuesday at the State Capitol, Wilder called on the Joint Legislative Audit & Review Commission to investigate the payment that was made to allow VCU Health to back out of the project that depended on its lease as the master tenant. Click here to continue reading on Richmond BizSense.

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