CRANSTON, R.I. (WPRI) — The mayors of two Rhode Island cities have come together to express their frustration with the 38 Studios investigation.
A joint statement was released Thursday from the offices of Mayor Scott Avedisian and Mayor Allan Fung, along with Warwick City Councilman Steven Colantuono.
“The collapse of 38 Studios will burden the taxpayers of Rhode Island with millions of dollars of debt for years to come and has brought about another cycle of enormous cynicism in the state,” said the statement.
The public officials have joined the voices demanding the Attorney General release all the documents from the four-year investigation, according to the news release.
- COMPLETE COVERAGE: 38 Studios
“After a four-year investigation, taxpayers of Rhode Island deserve to have a clear picture of how the state ended up on the hook for the debts of 38 Studios – and who is ultimately responsible for the costs related to this failed business venture,” continued the statement.
Last Friday, the Rhode Island State Police Col. Steven O’Donnell and Attorney General Peter Kilmartin announced that no criminal charges would be filed against 38 Studios.
The video game company had gone bankrupt back in 2012, after receiving a $75-million loan backed by Rhode Island taxpayers.