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
3 July 2020
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.
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