Advertisement

Updated July 3rd, 2020 at 11:26 IST

Team New Zealand head angrily rejects misspending claims

Team New Zealand general manager Grant Dalton says recent allegations that the America’s Cup defender may have misused public money are part of a “deliberate, sinister and highly orchestrated attack” on its integrity.

| Image:self
Advertisement

Team New Zealand general manager Grant Dalton says recent allegations that the America’s Cup defender may have misused public money are part of a “deliberate, sinister and highly orchestrated attack” on its integrity.

Dalton on Friday rejected allegations which have led the New Zealand government to suspend its funding of Team New Zealand, six months out from the start of the America’s Cup regatta.

In a statement which did not substantively address the allegations, Dalton said Team New Zealand and its events arm America’s Cup Events (ACE) were victims of a “highly orchestrated attack on our integrity and credibility by people with questionable motives.”

New Zealand’s Ministry of Business, Innovation and Employment on Thursday announced it was suspending its financial contributions to America's Cup Events until it has completed an investigation of the organization’s structure and finances.

The business ministry on June 22 wrote to Team New Zealand and ACE, both of which are headed by Dalton, saying a private company it had commission to investigate the organizations’ finances had raised “serious matters.” It also expressed concerns about ACE’s ability to stage a safe and successful America’s Cup.

New Zealand media obtained a copy of the letter on Wednesday and have also obtained a copy of the report prepared by the company assigned by the business ministry to look into Team New Zealand and ACE. But Team New Zealand has obtained an injunction temporarily preventing publication of that report.

Dalton said the New Zealand media had created a “kangaroo court” to publicly try Team New Zealand.

The business ministry letter said it had found that public money paid towards the staging of the America’s Cup had not been used for that purpose and it highlighted a $1.9 million loan from ACE to Team New Zealand. It also referred to a $650,000 payment to a Hungarian bank account which Dalton said was the result of a sophisticated scam.

“We want to reassure all of our supporters, our sponsors and partners that there has been no misappropriation of public money and we are working with MBIE to clear all allegations,” Dalton said.

He said the claims are “a text-book case of intentional reputational damage 101."

“It is a deliberate, sinister and highly orchestrated attack which includes anonymous tip-offs, recordings and document leaks,” Dalton said. “Informants orchestrate unfair accusations, bypassing normal processes and going straight to external authorities. The authorities quite correctly look into the claims."

The New Zealand government and Auckland city council will invest more than $1.6 million in the staging of the America’s Cup from January to March next year. The regatta is the 36th contest for the America’s Cup since it was first won by the schooner America in 1851, making it the oldest trophy in sports.

 

Advertisement

Published July 3rd, 2020 at 11:26 IST

Your Voice. Now Direct.

Send us your views, we’ll publish them. This section is moderated.

Advertisement
Advertisement

Trending Quicks

Bengaluru cafe blast case
a few seconds ago
Congress Press Conference
6 minutes ago
RCB vs KKR
10 minutes ago
Zendaya in Euphoria
11 minutes ago
Vishwak Sen
16 minutes ago
 Development is BJP's Main Agenda Says Kangana Ranaut As She Launches Campaign In Mandi
20 minutes ago
Virat Kohli and Gautam Gambhir
23 minutes ago
Nagaland: ENPO Decides Not To Take Part In LS Poll Process Till Its Demands Are Met
26 minutes ago
INDI Parties Stage Protest in Mumbai, Calls Kejriwal's Arrest 'Illegal' , 'Unjustified'
28 minutes ago
Lok Sabha Elections 2024
29 minutes ago
Advertisement
Advertisement
Advertisement
Whatsapp logo