#financial-mismanagement

#financial-mismanagement

Seeking financial stability, Averett University has sold its North Campus athletic facilities in an $18 million deal that will allow it to lease back the nearby 70-acre site, Cardinal News reported. The property is located about a 10-minute drive from Averett's main campus in Virginia. The site was purchased by local entities: the Danville Regional Foundation and the Danville-Pittsylvania Regional Industrial Facility Authority, which each own 50 percent of the property, according to Averett's announcement.

We recognize the deep importance Tucson Pride has held in our community since 1977, serving as a space of visibility, advocacy, celebration, and resilience for nearly five decades. We are profoundly grateful to every volunteer, sponsor, artist, activist, and community member who has supported Tucson Pride throughout its history.

Thanks for taking away one of my favorite venues. You say its because you were losing cash, but we all know you got a huge grant from covid, a loan from your parents, bought horses, and basically ignored your business; and whined about it. Look, give up, just fucking give up - stop bringing everything else down around you because you don't care. Now I have to drive outside my neighborhood to see a decent show? Fuck you people.

"have demonstrated a pattern of collusion"

Texas governor Greg Abbott and lieutenant governor Dan Patrick have ordered an investigation of Texas Southern University, a historically Black institution in Houston, after a state audit found evidence of financial mismanagement and bookkeeping inconsistencies, The Texas Tribune reported. The audit found 700 invoices, totaling $280 million, linked to contracts that were listed as expired in the institution's database. Another 800 invoices, worth $160 million, were dated before the purchases were approved, the Tribune reported.

Troubled Hamilton Academical have been left without a director, while a Scottish FA ruling also bans the League One club's owner from the day-to-day running of affairs. The governing body state that neither Seref Zengin nor Gerry Strain are "fit and proper to hold a position" in the game. Owner Zengin resigned as a director last month, while chairman Jock Brown recently stood down, which had left Strain as the sole director.

It's that deluge of money, Feucht's and his ministry's amassing of expensive real estate in its wake and their lack of financial transparency, which has former ministry staff and volunteers now accusing the worship leader of mismanaging ministry funds. Three former associates with Feucht's worship organizations, such as Burn 24-7, Let Us Worship and Light a Candle, shared details with The Associated Press about Feucht's alleged financial mismanagement, verbal abuse and overworking volunteers and staff without fair wages.

Mission Local has learned from multiple sources that Housing Authority Chief Executive Officer Tonia Lediju, appointed by former Mayor London Breed in 2021 to oversee the embattled affordable housing agency, is "no longer affiliated" with the San Francisco Housing Authority. By publishing time, it is unclear whether Lediju was asked to step down from her position or left the San Francisco Housing Authority proactively.

A primary school teacher defrauded colleagues out of over €2,000 in 'an elaborate hoax' and failed to repay a €1,000 loan from the school's board.

CEO Justin Ignacio admitted, 'mismanaged the company into the situation you're all witnessing,' confirming severe financial difficulties despite raising around $11 million.

The lender claims the borrower transferred about $1 million of tenant security deposits to outside accounts, including $300,000 to accounts tied to Chetrit affiliates.

Flanagan Group, which is run by friends of Mr McCluskey, overcharged Unite by at least 30m for the Birmingham hotel and conference centre project, the Unite report says.

We had great fear, which proved to be correct, that if funders and donors realized the depth of issues that we were still uncovering, they would dry up all fundraising.

The Department of Arts, Culture, the Gaeltacht and Sports has instructed the chair of the Arts Council to draw up a report on an alleged incident that took place on June 19.

Social Security doesn't routinely send checks to deceased individuals, despite rumors. The agency is taking action to recoup any erroneous payments.

The original poster (OP) feels cheated because his parents mismanaged his $270,000 inheritance, receiving only $27,000 due to poor investments by his father.

California officials have ordered four cemeteries to shut down for allegedly operating without valid licenses and mismanaging finances, leading to cease-and-desist orders.