Grant Dalton, chief executive of Team New Zealand and America's Cup Event. Beattie Varley's conclusion was that it had not seen evidence that proved money for the America's Cup had been misappropriated. In August, MBIE, Auckland Council and Team New Zealand issued a statement welcoming the final Beattie Varley report. Horton said MBIE used the statement in response to media questions, but does not disclose what the disputed statement was. Stuart Nash, the Minister responsible for the America's Cup, has not responded to requests for comment.

Source: Otago Daily Times November 10, 2020 06:56 UTC