Dec 12, 2012 12:57 Grambling removed from warning list Grambling removed from warning list Capitol news bureau Dec. 12, 2012 Comments Grambling State University was removed this week from an accreditation group’s warning list one month after the Louisiana Legislative Auditor’s Office issued a favorable report on the school’s finances. The Southern Association of Colleges and Schools placed Grambling on its warning list in June over perceived weaknesses in the university’s financial safeguards, particularly regarding movable property. An audit had previously uncovered as much as $1.6 million of Grambling’s property either lost or missing. Grambling President Frank Pogue said in a statement that the university has put in place a number of financial safeguards in the past 30 months to avoid poor audit reports. “It took many years to get into some of the irregularities the university is experiencing and, as to be expected, it will take more than one or two years to turn things around,” he said. In Tuesday’s statement, Pogue said he wasn’t surprised that SACS removed Grambling from its warning list after having received the legislative auditor’s clean audit designation. “Our own state authority found no findings, no cause, no reason for us to follow up on anything. There’s noting left to do but to keep up the good work,” he said.