News | Sailing
15 Jun 2021 7:13
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Sports > Sailing

    A marketing expert says the Government is right to stop payments to the organisers of the America's Cup

    A marketing expert says the Government is right to stop payments to the organisers of the America's Cup


    The Government has stopped any further payments, as it investigates allegations of a "reclassified" three million dollar loan and claims of fraud involving a Hungarian bank account.

    Three quarters of the Government's 40-million dollar allocation has already been paid.

    It comes as the owner of Newstalk ZB and the Herald is set to fight a gagging order stopping the publication of details of a report into the spending of public money -- relating to the America's Cup.

    Auckland University's Bodo Lang says the Government is making the right call to temporarily stop payments.

    © 2021 Newstalk ZB, NZCity

     Other Sailing News
     06 Jun: Wing trimmer Jason Saunders has enjoyed a relatively smooth injection into the New Zealand SailGP team following his first competitive outing on the water
     06 Jun: Wing trimmer Jason Saunders is taking the silver linings out of a penalty-impacted second race at the latest SailGP regatta in Taranto , Italy
     02 Jun: Hope there'll be a meeting of minds in the America's Cup negotiations
     17 May: The New Zealand men's rowing eight have qualified for the Tokyo Olympics after winning their final at what's known as the Regatta of Death in Lucerne
     13 May: Andy Maloney has won sailing's Finn Gold Cup off the coast of Portugal, which should earn him selection for the Tokyo Olympics
     12 May: New Zealand sailors Andy Maloney and Josh Junior will duel for a Tokyo Olympic spot off the coast of Portugal tonight
     10 May: Light winds have prevented any racing on day two of the Finn Gold Cup in Portugal
     Top Stories

    RUGBY RUGBY
    Lydia Ko's coach Sean Foley has been recognised in the New Zealand golf awards More...


    BUSINESS BUSINESS
    The Government's denied it's Clear Car Package is breaking tax promises More...



     Today's News

    Health & Safety:
    Concerns victims of elder abuse aren't speaking out 7:06

    Entertainment:
    Jonathan Pryce has received a knighthood in Queen Elizabeth’s Birthday Honours 7:00

    Entertainment:
    Demi Lovato was “afraid” of what might happen to their career if they stopped being that “super sexy hyper-feminine pop star” 6:30

    Tennis:
    Roger Federer has made a winning start to the grass court tennis season in Halle , Germany 6:26

    Entertainment:
    Miley Cyrus has become an aunt after her younger brother, Braison Cyrus, welcomes a son with his wife Stella McBride 6:00

    Law and Order:
    Relief for West Coast Police - after finding a missing 86-year-old Grey District man 21:56

    Entertainment:
    Kanye West has unfollowed his estranged wife, Kim Kardashian West, and her family on social media 21:30

    Business:
    The Government's denied it's Clear Car Package is breaking tax promises 21:16

    Entertainment:
    Kim Kardashian West failed her second attempt at the baby bar exam 21:00

    Entertainment:
    Julianne Moore is a "big fan of therapy" 20:30


     News Search






    Power Search


    © 2021 New Zealand City Ltd