*UPDATE* No Legal Proceedings In Ford's Campaign Finances Case
Toronto Mayor Rob Ford has dodged another bullet as an audit committee decided not to prosecute him for an alleged breach
of the Municipal Elections Act.
The three-member audit committee met Monday afternoon to address a forensic audit that indicated Ford overspent by $40,168 during his 2010 mayoral campaign.
The audit was based on allegations Ford's campaign exceeded the $1.3 million limit and that he broke the law by borrowing about $77,000 in campaign expenses from his family's company.
Ford's lawyer told the committee that legal proceedings were not in the public interest due to the low chance of success in
The same audit committee voted to prosecute Ford's former ally Councilor Giorgio Mammoliti earlier this month for overspending during his 2010 campaign by a little more than $12,000.
Ford avoided being thrown out of office last month after successfully appealing a ruling that had found him guilty of
breaking conflict of interest laws back in 2009.