Sign in with Facebook
  • Facebook Page: 128172154133
  • Twitter: EarthProtect1

Posted by on in Ocean/Seas/Coastlines
  • Font size: Larger Smaller
  • Hits: 3122
  • 0 Comments

'Due diligence' on $444m Great Barrier Reef grant was for separate project Foundation’s timeline appears to contradict Josh Frydenberg’s assurance that ‘extensive due diligence’ took place before grant

Due diligence the government says it conducted before announcing a $443.8m grant to a not-for-profit group was actually conducted as part of an application for funding for a separate project, the Great Barrier ReefFoundation says.

The environment and energy minister, Josh Frydenberg, says “extensive due diligence” took place before awarding the foundation almost half a billion dollars of taxpayer money.

On Monday, the government said this included the environment department seeking information in March from the foundation about its operations and structure prior to a meeting between Frydenberg, the prime minister, Malcolm Turnbull, and the foundation’s chair, John Schubert, on 9 April.

Due diligence the government says it conducted before announcing a $443.8m grant to a not-for-profit group was actually conducted as part of an application for funding for a separate project, the Great Barrier ReefFoundation says.

The environment and energy minister, Josh Frydenberg, says “extensive due diligence” took place before awarding the foundation almost half a billion dollars of taxpayer money.

On Monday, the government said this included the environment department seeking information in March from the foundation about its operations and structure prior to a meeting between Frydenberg, the prime minister, Malcolm Turnbull, and the foundation’s chair, John Schubert, on 9 April.

Due diligence the government says it conducted before announcing a $443.8m grant to a not-for-profit group was actually conducted as part of an application for funding for a separate project, the Great Barrier ReefFoundation says.

The environment and energy minister, Josh Frydenberg, says “extensive due diligence” took place before awarding the foundation almost half a billion dollars of taxpayer money.

On Monday, the government said this included the environment department seeking information in March from the foundation about its operations and structure prior to a meeting between Frydenberg, the prime minister, Malcolm Turnbull, and the foundation’s chair, John Schubert, on 9 April.

Comments

81595f2dd9db45846609c618f993af1c

© Earth Protect