Callaghan can’t claw back millions in grants to failed CricHQ
Receivership both bad news and good news for the Crown agency, which faces losing potentially half its funding under Labour.
Chris Keall Fri, 20 Oct 2017
Crown agency Callaghan Innovation will not be able to retrieve more than $2 million in grants to CricHQ, which went into receivership early this week (KordaMentha is hopeful of a sale).
“CricHQ received project grants between May 2011 and April 2014 totalling $2,156,116,” Callaghan spokesman
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).