
If you read the Klaxon article it paints a very clear picture of why the Charity has fallen on hard times.So old mate was a big wig at PwC. And the charity he was a director of, posts half a mill loss. Makes me question his capabilities as an accountant.
I make no comment on Sayers’ or the Charity.
But in a past life, I once worked in that industry for a time. At its core wee people I used to term “hot workers” - very good relationship managers, totally morally bereft, but able to stay one step ahead of everything. There was a $$ in every relationship and every deal they did.
Everything is great until it is not and when the shit hits the fan, it’s a total disaster and usually a scapegoat is found and we go quiet for a bit then pop up and start again.
It would appear that the charity received a significant amount of funding from federal government grants in previous reporting periods that appeared to have dried up in the last three years. Whether or not this was directly related to the charity openly backing the former federal treasurer in the lead up to the 2022 election (which is against nfp charity rules) and which he subsequently lost his seat at that election, you can make up your own mind.
People in these circle only like backing winners, when the favours run out so do the $$$