CFO Natwar Gandhi in 2004
CFO Natwar Gandhi in 2004

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D.C. Chief Financial Officer Nat Gandhi says he’s retiring June 1 for purely personal reasons. The surprise announcement comes only a few months after the city’s top accountant threw a party to celebrate his third reappointment. It also comes amid two separate FBI probes of the CFO’s office, including one focusing on the city’s lucrative lottery contract, as well as an investigation by the Securities and Exchange Commission.

“Though I look forward to the next chapter in my life, this was not an easy decision. The past 15 years have been the most challenging and rewarding of my professional career,” Gandhi wrote in a letter to Mayor Vince Gray. “I feel comfortable retiring at this time because the city is in excellent financial condition, perhaps the best in its history.”

More to come as LL gets it.

UPDATE: Gandhi’s tells Washingtonian‘s Harry Jaffe that he’s leaving his post for love. Gandhi says he’s retiring in order to spend time with his new girlfriend, poet Panna Naik, and to travel. 

Here’s Gandhi’s full letter:

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Photo by Darrow Montgomery