The ministry footing $40 million of costs for next year’s America’s Cup regatta in Auckland, says none of that money should have gone to Team New Zealand for designing the AC75 foiling monohull boat class. Much of the full version of the Beattie Varley report, details how it explored allegations made to MBIE by a “whistleblower” early this year. Beattie Varley rejected an allegation by the “whistleblower” over how the disputed design payment was made. Kavinda Herath/Stuff Grant Dalton is the CEO of both Team New Zealand, and its event arm America’s Cup Event Limited. Throughout the full version of the Beattie Varley report, names and most sums of money are redacted.

Source: Stuff September 08, 2020 09:50 UTC