Daily Archives: May 20, 2012

Update: Oh, Mr Curragh… [emails]

From: bevkiwi@hotmail.com
To: jcurragh@xtra.co.nz
CC: murray.kirkness@odt.co.nz; craig.page@odt.co.nz; chris.morris@odt.co.nz; hamish.mcneilly@odt.co.nz
Subject: FW: ORFU $25,000 received from a trust for DVML
Date: Sun, 20 May 2012 08:47:34 +1200

Sunday 20th May 2012

Dear Jeremy

Thank you for your response dated Saturday 19th May 2012.

1. On what date did ORFU put a halt on its trading?
2. The fact that the ORFU were paying other creditors with the $25,000 public money from a trust appears to indicate that the ORFU may have been trading while insolvent.
Given that the ORFU were redirecting monies from a trust for purposes other than intended then was the ORFU trading while insolvent?
It is also clear that the trust still has not been refunded yet – though the issue is also that the money should never have been used for anything other than what it was intended. This is misappropriation of public money and, as the ORFU change manager, surely it is your responsibility to report this to the appropriate authorities.
3. You still have given no explanation as to why the ORFU put $52,000 ‘in the their pot’ from their Black-tie dinner (5th August 2011) without paying their $25,352 bill to DVML. Again this is public money and needs to be accounted for.
4. It is appropriate that this is addressed in the media as it is clear that the ORFU have no intention of publically[sic] holding themselves to account.
5. You still have not answered whether you as change manager having access to the ORFU books would support a forensic audit. If you have no concerns whatsoever then I would expect that you would say so.
6. Jeremy, I do appreciate that this growing ORFU scandal is not of your doing.
However, as change manager, you do have a responsibility to report any financial irregularities that have come to your attention to the appropriate authorities . Not doing so leaves you open to allegations of complicity in this scandal.
You have now become aware of the $25,000 public money misappropriated from a trust, the $25,352 public money also misappropriated from DVML and the $5m of pokie money siphoned from South Auckland pokie machines by ORFU. Has the ORFU opened their books completely to allow you to see money in their other trusts?
If not, I would advise you to not allow yourself to become their fall guy.
As I said in an earlier email truth is the safest option.
7. Jeremy, you say in this latest email that this spending of monies from the trust ‘did not get spent on the authorised purpose’. You then go on to say: “This has happened on a number of occasions due to ORFU facing cashflow problems”. This term ‘cashflow problems’ seems to indicate that the ORFU have indeed been trading while insolvent. I suggest that it was not a ‘cashflow problem’ but rather an ‘insolvency problem’ which needs to be reported. This has happened on a number of occasions and obviously over a period of time before the ORFU announced their intention to seek voluntary liquidation. So, how long has the ORFU been not spending monies from trusts on the authorised purpose? If the ORFU are so broke they should not be applying for money from trusts knowing that they will not be spending the trust money on the authorised purpose.

Yours sincerely
Bev Butler

From: jcurragh@xtra.co.nz
To: bevkiwi@hotmail.com
CC: murray.kirkness@odt.co.nz; craig.page@odt.co.nz; chris.morris@odt.co.nz; hamish.mcneilly@odt.co.nz
Subject: RE: ORFU $25,000 received from a trust for DVML
Date: Sat, 19 May 2012 19:25:35 +1200

Dear Bev

The $25,000 was spent on other creditors as has been explained in earlier reports. These monies will need to be refunded to the trust as they did not get spent on the authorised purpose.
This has happened on a number of occasions due to ORFU facing cashflow problems. All monies not spent as authorised will be refunded to the respective trust.
The money is not “missing” rather it was used to pay other creditors.
As has been widely publicised the ORFU put a halt on it’s trading as soon as it became aware of the seriousness of the financial situation.
If anyone has evidence that warrants a forensic audit then this should be passed to the relevant authorities. This is the appropriate channel rather than through the public domain.
I have cc’ed everyone on this e mail

Jeremy Curragh

Related Posts:
18.5.12 Oh, Mr Curragh… [emails]
11.5.12 Dunedin shootout: mafia bosses
2.5.12 Ratepayers pay for ORFU black tie dinner at stadium
1.5.12 ORFU’s draft constitution
29.4.12 Department of Internal Affairs, the gambling authority
22.4.12 DIA, OAG, TTCF and Otago Rugby swim below the line
31.3.12 Rob Hamlin: The ORFU’s small creditors: If I was one of them…
23.3.12 ORFU position
15.3.12 Message To ORFU Creditors, if you want to see your money
9.3.12 DCC considers writing off ORFU’s $400,000 debt
2.3.12 Demand a full independent forensic audit of ORFU

Posted by Elizabeth Kerr

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