Gov. Mike Braun has ordered an independent forensic audit of the Indiana Economic Development Corporation. The big picture: The IEDC is a quasi-government agency that works to bring new businesses to the state,

The existence of an audit was first reported by Hannah News Service, which also reported alleged concerns with a particular contractor.

In addition to an independent audit of the state’s economic development agency, Indiana Gov. Mike Braun on Thursday announced the state is freezing all funds designated for a spun-off venture capital firm amid mounting criticism of its relationship with the state.