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24 Jan 2021 10:22
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  •   Home > News > Politics

    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


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     Today's News

    Law and Order:
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    Business:
    A lottery jackpot of more than a billion US dollars has been struck...after growing steadily since September last year 9:26

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    Sailing:
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    Law and Order:
    A volunteer firefighter in New South Wales has been charged with setting more than 30 grass fires 8:06

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    Motorsports:
    Daniel Gaunt chases his third New Zealand Grand Prix title today 7:46

    Cricket:
    INEOS Team UK's turnaround is complete 7:36


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