Tag Archives: DVML

Stadiums, in particular the FB Aurora Delta Stadium at Dunedin

Olympiastadion München, opened 26 May 1972

Received from Gurglars
Thu, 8 Jun 2017 at 2:11 p.m.

Bayern Munich bought out TSV 1860 Munich, their 50% joint venture partners, for €11 million. The stadium cost €360 million and originally seated 80,000 pax.

This is despite the Stadium being used weekly for matches for Bayern and TS Munchen, and six World Cup games being played at the stadium.

█ Wikipedia: Olympiastadion (Munich)

What this tells us is that stadiums are worthless once built – are not assets, but liabilities.

If they are fully owned (no debt) and receipts go to the stadium owners then they can be profitable, but only if the owner is also the user. Thus the only hope is for the Highlanders/Otago to own the stadium.

The DCC have demonstrated that all they can rack up is more debt, more bills and more losses.

[ends]

****

Fat chance of Otago Rugby taking over the stadium while it continues to be subsidised by DVML – the true cost of which is not made public. ORFU is now making profits but declines to pay back the ratepayers for the ‘simple things’, like black tie dinners held at the stadium in recent times. God knows what we’re paying for while Mr Davies sits atop his rugby goal post roost, clucking inanely, looking down at the pretty (untouchable) grass.

The prima donna approach is a False Economy, but not for dullards and professional rugby thugs.

Rip up the grass, put in articial turf, and let the Otago stadium be used by more codes / more sports people.

****

“It is a little naive to think because it is raining outside and there is water on the facilities, you can just come inside.” –Terry Davies

### ODT Online Thu, 8 Jun 2017
Unrealistic to have club sport at stadium – Davies
By Adrian Seconi
The chances of playing club sport under the roof at Forsyth Barr Stadium without an advanced booking are virtually nil, Dunedin Venues chief executive Terry Davies says. The issue came up in mid-April when the Dunedin City Council closed all its grounds due to poor weather. The Dunedin Rugby Metropolitan Council was reluctant to cancel round five of premier rugby and had hoped to play on the sand-based surfaces at Hancock Park and Kettle Park and possibly under the roof at Forsyth Barr Stadium. However, the stadium was ruled out because of scheduled maintenance. The issue came up again last month when grotty weather forced more cancellations, although premier rugby went ahead as planned. Davies said the idea club sport could be played at Forsyth Barr Stadium because of poor weather was naive. […] “The stadium was fundamentally built to deliver a real economic impact for the city. We have a number of major contracts in place with the professional rugby bodies … and there are other major events that we need to look after. On that basis we run quite a detailed maintenance schedule right through to the year it ensure we can deliver. The last thing we want to do is have a facility that is [not looking its best].”
Read more

Posted by Elizabeth Kerr

This post is offered in the public interest.

30 Comments

Filed under Architecture, Aurora Energy, Baloney, Business, Construction, Delta, Democracy, Design, Dunedin, DVL, DVML, Economics, Education, Electricity, Events, Finance, Geography, Highlanders, Hot air, Infrastructure, Media, Name, NZRU, ORFU, People, Perversion, Pet projects, Politics, Project management, Property, Public interest, Queenstown Lakes, Site, Sport, Stadiums, Travesty

DCC fails to meet LGOIMA request re ‘lost’ secure storage of CST files

The Dunedin City Council OWNS the Carisbrook Stadium Trust files, note.

Received from Bev Butler
Mon, 8 May 2017 at 1:40 p.m.

Subject: Complaint Dunedin City Council/storage of stadium documents

Message: Attached is the letter from the Ombudsman Office. I have sent a response to the Ombudsman letter.

[screenshot – click to enlarge]

● Download: 0_1-408161-3117439

Related Posts and Comments:
2.6.16 Official Information at Dunedin City : Bev Butler maintains pressure
10.7.15 Ombudsman complaint re DCC reply to LGOIMA requests #CSTfiles
9.7.15 DCC: Council-owned CST files whereabouts not declared
27.6.15 Ratepayer boxes #saga
20.6.15 DCC / CST document scramble #LGOIMA

Posted by Elizabeth Kerr

This post is offered in the public interest.

23 Comments

Filed under Baloney, Business, CST, DCC, Democracy, Dunedin, Economics, Finance, Hot air, New Zealand, OAG, Ombudsman, ORFU, People, Perversion, Pet projects, Politics, Project management, Property, Public interest, SFO, Sport, Stadiums, Travesty

How to drop Crombie and the mafia from City boards

Or read, how the new city council will continue to undermine the Ratepayers and Residents of Dunedin, as well as the power consumers and district councils of Otago, just like before…. by allowing ill-considered (shoulder tap) appointments of a ‘class of morons’ to the boards of the City companies.

Troughers Unite.

ODT 11.1.17 (page 4)

odt-11-1-16-in-brief-p4-1

Posted by Elizabeth Kerr

This post is offered in the public interest.

8 Comments

Filed under Aurora Energy, Carisbrook, Central Otago, Construction, Corruption, DCC, DCHL, DCTL, Delta, Democracy, Design, Dunedin, DVL, DVML, Economics, Education, Electricity, Events, Finance, Geography, Health, Highlanders, Housing, Infrastructure, Media, Name, New Zealand, NZRU, OAG, Ombudsman, ORFU, People, Perversion, Pet projects, Politics, Project management, Property, Public interest, Queenstown Lakes, Resource management, SFO, Site, Sport, Stadiums, Tourism, Town planning, Travesty

Tim Hunter, NBR —Aurora/Delta, DCC and ComCom

Essential reading:

National Business Review 16.12.16
Hunter’s Corner by Tim Hunter (page 2)
Opinion: Lines companies: it’s worse than we thought

The article appears in today’s NBR print edition, available at bookstores and supermarkets, and by subscription. Short excerpt at right.

2016-12-16-16-55-48Tim Hunter has appraised the Deloitte report and the activity -or not- of the lines company Aurora Energy and ‘contractor’ Delta Utility Services. He also provides brief overview of the companies’ position as seen (problematically!) by industry regulator, the Commerce Commission. The award-winning business writer typically shows fine ability to crack code, applying thrift and plain sense in noting gross impediments to good governance and operational performance. Mr Hunter could write the book on Aurora/Delta, the ugly sisters, a true Horror Story —not the kitten tale by Deloitte, which anyway gets things rolling. As one of three investigations, Deloitte’s was always going to suffer lack of scope and independence given its commissioners:
the brothers Grimm —DCHL and DCC.

LineTech Report July 2010

█ For more, enter the terms *aurora*, *delta*, *grady*, *luggate*, *jacks point*, *dchl*, *auditor-general*, *noble*, *yaldhurst* or *epic fraud* in the search box at right.

Posted by Elizabeth Kerr

This post is offered in the public interest.

*Image: NBR excerpt by smartphone (screenshot)

14 Comments

Filed under Aurora Energy, Business, Central Otago, Delta, Democracy, Dunedin, DVL, DVML, Economics, Electricity, Finance, Geography, Health, Infrastructure, Leading edge, Media, Name, New Zealand, People, Politics, Project management, Property, Public interest, Queenstown Lakes, Resource management, Stadiums, Travesty

Audit and Review, Deloitte

U N N E R V I N G ● N E W S

“If Deloitte was caught with one such brazenly egregious case, just what else is there that goes unreported, and undiscovered when it comes to corporate “books”, not only in Brazil but also in the US.”

### zerohedge.com Dec 5, 2016 9:43 PM
Auditor Deloitte Fined A Record $8 Million For Massive Fraud
By Tyler Durden
Remember when auditors were, by their very definition, supposed to be the embodiment of credibility, trustworthiness and moral fibre? The Brazilian arm of Big Four auditing giant, Deloitte, forgot these simple prerequisites and as a result the US auditing watchdog fined the firm a record $8 million for what amounts to massive fraud: falsifying audit reports, altering documents and providing false testimony during an investigation that unearthed what it described as its “most serious” finding of misconduct.
The US Public Company Accounting Oversight Board, or PCAOB, also penalised or barred 12 former partners, including a national practice director, and auditors of the Brazil-based Deloitte Touche Tohmatsu Auditores Independentes.
The Deloitte Brazil case is the first time the PCAOB has “charged a member of the Big Four auditing firms with fraud and for failing to co-operate with an investigation” according to the FT [Financial Times]. Worse, unlike banks which resolve similar cases without admitting or denying guilt, in settling, Deloitte Brazil admitted it had violated quality control standards and failed to co-operate with the auditing board’s inspection and subsequent investigation.
“This is the most serious misconduct we’ve uncovered. It’s cover-up after cover-up after cover-up,” Claudius Modesti, director of enforcement at the PCAOB, said. “As an investor you’re expecting that the audit was done properly and sufficiently and that wasn’t the case here.”
Not only was that not the case, but the details read like straight out of a fictional account of third-world crime.
Read more

deloitte-svg

Deloitte Touche Tohmatsu Ltd, commonly referred to as Deloitte, is a UK-incorporated multinational professional services firm with operational headquarters in New York City in the United States.
Deloitte is one of the “Big Four” accounting firms and the largest professional services network in the world by revenue and number of professionals. Deloitte provides audit, tax, consulting, enterprise risk and financial advisory services with more than 244,400 professionals globally. In FY 2016, the company earned a record $36.8 billion USD in revenues. As of 2016, Deloitte is the 6th-largest privately owned organisation in the United States.

The Big Four:
● PricewaterhouseCoopers (PwC), largest accounting firm in terms of revenue.
● Deloitte Touche Tohmatsu (Deloitte)
● Ernst & Young (E&Y)
● Klynveld Peat Marwick Goerdeler (KPMG)

OTAGO RUGBY & RACING ASIDE

Remember the old chestnut…. The connection between TTCF (The Trusts Community Foundation Ltd; formerly, The Trusts Charitable Foundation Inc) —and Deloitte.

“TTCF engaged Deloitte when they desperately needed an ‘independent’ audit so as to put the Department of Internal Affairs (DIA) and Audit NZ off the scent. Unfortunately, even though Deloitte uncovered approximately $40k per month in mis-spent funds, TTCF ensured that was left out of the report because after all they were paying the Deloitte bill.”

Related Post and Comments:
2.6.15 Queen’s Birthday honours to rogues #TTCF #ORFU #PokieRorts
11.3.15 DIA —poor job as gambling regulator
2.2.15 Operation Chestnut: DIA, SFO fluffing round the edges #TTCF #ORFU
11.1.15 Southern complainants: IPCA won’t ensure upfront investigation…
14.12.14 DIA regulates what? Not white collar crime, not with govt looking on!
5.8.14 Gambling Commission shuts down racing’s Bluegrass pokie trust
3.2.14 DIA signed up Intralot amid concerns about bribery and corruption
31.12.13 Martin Legge: Operation Chestnut [DIA’s PR exercise]
30.12.13 DIA insights: Pokie rorts, money-go-rounds, names
11.10.13 New Zealand: Pokie trusts same everywhere #pokierorts
10.10.13 Whistleblowers’ message heard ??! #OtagoRacingClub #pokierorts
1.8.13 Politicians keeping DIA/SFO quiet on ORFU and TTCF #pokierorts
31.3.13 DIA and Office of the Auditor General stuff up bigtime #pokierorts
21.2.13 DIA, SFO investigation #pokierorts
11.11.12 Department of Internal Affairs #pokierorts #coverup #TTCF
25.7.12 Martin Legge backgrounds TTCF (pokie trust) and Portage and Waitakere Licensing Trusts #DIA

█ For more, enter the terms *pokies*, *pokie rorts*, *ttcf*, *orfu* or *dia* in the search box at right.

Posted by Elizabeth Kerr

This post is offered in the public interest.

*Image: Deloitte via Wikimedia Commons

Leave a comment

Filed under Aurora Energy, Business, Central Otago, Citifleet, DCC, DCHL, DCTL, Stadiums

The EVIL Blend: Delta, Aurora, Fubar Stadium, Our Rates

Received from nick
2016/11/22 at 11:06 pm

DELTA
Think Rundown Infrastructure
Think Pigs in Troughs
Think High Living at Ratepayers Expense
Think Cynical PR Spin
Think Appalling Attitude to Public Safety
Think Expendable Linesmen
Think Bloody Hard about What Comes Next
Think Richard Healey has Shown Us Up
Think the Game Might Be Over.

****

Angina attack.

Oh my lord! Nooooo. The DCC can’t be ‘surprised’ after ALL these years (each and every year) of information slung at it about ongoing stadium spending and subvention payments (particularly by the likes of Calvin Oaten!), Not after the (effortless?) Stadium Review…. Which planet are you on, DCC ?

Some backside covering ERUPTS at ‘city hall’.

Then there’s poor Grady Cameron, he’s someone just not coping with Questions these days. Mr Cameron has turned into quite the veritable rapidly depreciating, $417M cracked record. After the ‘concretising’ Drifting event, let’s see him Put Out To Pasture at the Stadium —once DVML restores the hallowed Otago Rugby turf, of course.

“It is patently clear that Delta/Aurora/Dunedin City Holdings Ltd’s priority over the last few years has been to support a rugby stadium at the expense of public safety by way of subsidies/subvention payments.” –Bev Butler

### ODT Online Mon, 28 Nov 2016
Delta payments to stadium queried
By David Loughrey
The Dunedin councillor charged with overseeing Delta and Aurora says the beleaguered companies should be concentrating on their business and health and safety before pouring money into the Forsyth Barr Stadium. That came after it was revealed the companies have paid $29.9 million in subvention payments to the stadium in the past five years. It also appears a Deloitte investigation into the companies will consider the payments issue.

“In no way should people’s health and safety be compromised because we’re trying to pay for a stadium.” –Cr Mike Lord

A Local Government Official Information and Meetings Act (LGOIMA) request from stadium critic Bev Butler, passed to the Otago Daily Times, showed the extent of the payments. It also showed Delta had paid $392,499 on its corporate suite and other costs at the stadium since 2010. The details of the spending come after weeks of criticism of the companies in which it has been revealed infrastructure has not been maintained, leaving thousands of power poles compromised and potentially dangerous.
Read more

ODT: Stadium drifting track build ‘ambitious’
The turf at Forsyth Barr Stadium in Dunedin handles 1600kg scrums with ease but it is now bearing a load 500 times heavier….

On the issue of the corporate suite, Mr Cameron said like any large business, “from time to time we host our customers to strengthen the working relationships”. (ODT)

So, Grady:
Question, you splurge Many Dollars on your main customer – Aurora Energy – by entertaining them at the Stadium? The champagne lifestyle. On Our Money.

Related Post and Comments: [THE CHEAPIE INVOICES]
22.11.16 Delta/Aurora spend-up at Stadium —Degraded electricity network, Us ? (said the GOBs) #LGOIMA #Rugby

█ For more, enter the terms *delta*, *aurora*, *dchl*, *grady*, *cameron*, *crombie*, *noble*, *yaldhurst* or *epic fraud* in the search box at right.

Posted by Elizabeth Kerr

This post is offered in the public interest.

cull-evades-the-question-again-18-11-16Douglas Field 18.11.16 [click to enlarge]

11 Comments

Filed under Aurora Energy, Business, Central Otago, Corruption, Delta, Democracy, Design, Dunedin, DVL, DVML, Economics, Education, Electricity, Events, Finance, Geography, Health, Highlanders, Hot air, Infrastructure, Media, Name, New Zealand, NZRU, OAG, Ombudsman, ORFU, People, Perversion, Pet projects, Politics, Project management, Property, Public interest, Queenstown Lakes, Resource management, Site, Sport, Stadiums, Travesty

COMPLETE Dis-satisfaction with DCC, DCHL, DVML, DVL, Delta….

marigold-tweaked-by-whatifdunedin-cdn-guardian-ng

Fake it til you make it, and hey, don’t lift the marigolds.

Sorry Daaave, looks like a D for your council’s governance. —Actually, for the avoidance of euphemism, make that D- and lower for DIRE Performance, accompanying Drivel, and Diabolical treatment of Residents and Ratepayers in the aftermath of emergency situations.

Listening to Yes People and your dwindling voter base isn’t your best hope to resolve ongoing multimillion-dollar losses being sustained by a couple of the council-owned companies, to the point where the holding company led by chairman Crombie, fronts with a “qualified audit” only on presentation of its annual report(?) to Council.

[In July 2015 Graham Crombie was appointed to the Commerce Commission as an Associate Commissioner for a five year term.]

Damages to employment, liveability and opportunity in a No-growth city keep stacking.

“It is also yet another example of good public service jobs being lost from our smaller towns and cities.” –PSA spokeswoman

### ODT Online Thu, 13 Oct 2016
ACC jobs to go in Dunedin
By Vaughan Elder
After consulting with staff since June, the decision had been made to relocate all the roles over the next 12 to 18 months to the larger Christchurch office and have “one centre for consistent customer and rehabilitation services across the Southern region”.
Read more

****

Asked about people who continued to be negative about the city, he said: “Negativity is an attitude, it’s not a fact.”

### ODT Online Thu, 13 Oct 2016
Survey ‘shows Dunedin on right track’
By Vaughan Elder
A survey showing Dunedin residents feel increasingly positive about their city shows the city is on the “right track”, Mayor Dave Cull says. […] the annual survey was not all good news. Last year’s June flood was picked as a reason for increasing dissatisfaction with the city’s stormwater system [down 13 points to 43%]. Satisfaction rates also fell when it came to public toilets, the suitability of the city’s roads for cycling and the availability of parks in the central city.
Read more

[Chief executive Sue Bidrose] said some of the areas where there had been negative results this year and in past surveys correlated to negative media coverage in the Otago Daily Times.

*1577 survey responses from 5400 residents randomly selected from the electoral roll,

The Talking Head (without helmet, unprepared)

█ Dunedin City Council (media release)
Residents’ Opinion Survey released 12 Oct 2016. Link

Posted by Elizabeth Kerr

*Image: cdn.guardian.ng – marigold, tweaked by whatifdunedin

6 Comments

Filed under Business, Carisbrook, Citifleet, Climate change, CST, Cycle network, DCC, DCHL, DCTL, Delta, Democracy, District Plan, Dunedin, DVL, DVML, Economics, Enterprise Dunedin, Finance, Geography, Health, Hotel, Housing, Infrastructure, Media, NZRU, OAG, Ombudsman, ORFU, People, Politics, Pools, Project management, Property, Proposed 2GP, Public interest, Resource management, SFO, South Dunedin, Stadiums, Tourism, Town planning, Transportation, Travesty, Urban design, What stadium