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A new board will be in charge of Impact Charter School in Baton Rouge.
The Louisiana State Board of Elementary and Secondary Education voted to create the board during a special meeting last Friday.
The decision follows a recent audit by the Louisiana Legislative Auditor's Office that reportedly found the company's CEO, Chakesha Scott, misused more than $1 million in school funds.
Scott claims the audit is "flawed" and "politically motivated."
The state agency released a statement on Friday naming the seven members of the new board.
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