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Buffalo AKG Hasn’t Repaid Museum Loan Used to Buy Home, State Report Finds

Buffalo AKG Hasn’t Repaid Museum Loan Used to Buy Home, State Report Finds


Janne Sirén, director of Buffalo’s Albright-Knox Art Gallery since 2013, used a museum loan to help finance a $710,000 home—more than half of which remains unpaid, including accrued interest, according to a state review.

Buffalo News, citing data from the Erie County Comptroller’s Office, reported that prevailing interest rates at the time of the loan ranged between 4 and 4.5 percent. The Albright-Knox Art Gallery—now known as the Buffalo AKG Art Museum–approved the loan for Sirén at a markedly lower rate of .18 percent. It was only later, during a routine review of financial records and tax filings from county-funded cultural organizations, that the comptroller’s office found Sirén had not repaid any of the principal or interest.



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