DeSantis and CFTOD Face Insider Dealing Allegations Amid Legal Battle with Disney
As a December court date approaches, the CFTOD is accused of awarding contracts without competition, raising ethical concerns.
- Florida Governor Ron DeSantis and the Central Florida Tourism Oversight District (CFTOD) are preparing for a final stand in court against Walt Disney World (WDW) over a series of lawsuits, with a hearing date set for December 12.
- Disney's lawsuits claim that DeSantis and the CFTOD retaliated against the company for its opposition to a controversial Florida bill and for exercising its right to free speech.
- The CFTOD, under DeSantis, has been accused of insider dealing, with allegations of a $240,000 contract awarded to a political insider without competition and a $495 per hour legal contract given to a lawyer with close ties to the board chairman.
- The CFTOD is also planning to invest $1 million in a new communication network to separate itself from the existing WDW system.
- In 2022, WDW contributed $40.3 billion to the Central Florida economy and created 250,000 jobs, but concerns have been raised about the impact of the CFTOD on the Disney economy in Florida.