The State Government Accountability Board may review and investigate any person holding a statewide office, as defined in § 12-27-1, and employees of the executive branch of the state regarding:
(1) Allegations of impropriety related to any contract, grant, or loan with any public entity that provides the authority to any other entity to expend public funds;(2) Documents filed under chapter 3-23 or alleged violations relating to conflicts of interest;(3) Allegations of a direct or indirect interest in a contract in violation of the constitution or law;(4) Allegations of malfeasance;(5) Allegations of misappropriation of public funds;(6) Allegations of use of false instruments to obtain public funds;(7) Allegations of theft or embezzlement of public funds;(8) Allegations of bribery; or(9) Allegations of use of public money not authorized by law or in violation of the constitution.The board may establish its own procedures, issue subpoenas, administer oaths, and take sworn testimony.