Business and Finance

Georgia Tech suspended four without pay after an internal audit revealed evidence of possible malfeasance including the misappropriation of university resources for the benefit of Sayana Wireless LLC, a company two Georgia Tech staffers own.

The suspended employees who co-own Sayana are Joy Laskar and Stephane Pinel. The other suspended staffers are Chris Evans and Amanda Scacchitti.

The total amount of the suspected malfeasance is under review, Georgia Tech said.

“The actions taken are an appropriate exercise of fiduciary responsibility to protect the interests of the Institute and GEDC’s research sponsors,” said James Fetig, Georgia Tech spokesman, in a statement. “Georgia Tech is cooperating fully with the Georgia Bureau of Investigation which is conducting the investigation.”

GEDC’s research is focused on designing integrated circuits — the chips that make computers, cell phones and other electronic devices possible.

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