Post by Kiwi Frontline on Apr 21, 2019 17:08:05 GMT 12
BELEAGUERED WAITANGI TREATY GROUNDS GET $1M GOVERNMENT GRANT TO HELP RECOVER FROM FRAUD
The Government has made a grant of $1 million to the trust that runs the Waitangi Treaty Grounds, to help it recover from fraud.
The Waitangi National Trust took a hit in 2107 when a manager, Wallace Te Ahuru, siphoned $1.2 million out of its bank accounts.
He was jailed for eight years in February.
The Ministry of Culture and Heritage said the fraud was sophisticated; the money could not be recovered and the trust faced possible insolvency.
It says the million-dollar grant from the ministry's baseline funding will support essential services at the Waitangi Treaty Grounds.......
www.tvnz.co.nz/one-news/new-zealand/beleaguered-waitangi-treaty-grounds-get-1m-government-grant-help-recover-fraud
The Government has made a grant of $1 million to the trust that runs the Waitangi Treaty Grounds, to help it recover from fraud.
The Waitangi National Trust took a hit in 2107 when a manager, Wallace Te Ahuru, siphoned $1.2 million out of its bank accounts.
He was jailed for eight years in February.
The Ministry of Culture and Heritage said the fraud was sophisticated; the money could not be recovered and the trust faced possible insolvency.
It says the million-dollar grant from the ministry's baseline funding will support essential services at the Waitangi Treaty Grounds.......
www.tvnz.co.nz/one-news/new-zealand/beleaguered-waitangi-treaty-grounds-get-1m-government-grant-help-recover-fraud