Official’s Search Suspended

The Coast Guard Tuesday said it had suspended the search for a floatplane that is missing with a high-level official for the Alaska Department of Revenue.

The state’s deputy commissioner for treasury, Brian Andrews, 56, and his son Brandon, 24, did not return Aug. 9 from a planned 40-mile round trip to Young Lake, according to the Coast Guard.

Andrews was appointed in 2007 to oversee the revenue department’s treasury arm, the bank and trust department for the state government, in charge of areas that include cash management, investment management, and debt management.

By virtue of his position, Andrews sits on the board of the Alaska Municipal Bond Bank Authority. He has also been involved in planning for the state’s upcoming multibillion-dollar pension obligation bond issue.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER