Re: Money, money, money.

Thanks IBC, Chris Mo’ane GMD, Integrated Consultancy Group. But how much are we, the common people allowed to know? The investment was mentioned by a slip-of-the-tongue at the AGM and the strata manager got stroppy when quizzed about it.

What if the strata manager implied the OC treasurer was in charge of the investing to avoid disclosure of commissions the strata management company was getting from their ‘association’ with the investment company; or so the strata manager wanted to avoid blame if some or all of the money was lost? 

Or what if the treasurer had a large and well-known debt-collection firm chasing him and ringing his closest neighbours as a way of putting pressure on him to pay up? And if the OC had to pass a special by-law protecting the OC against unapproved renovations this treasurer has done?

And what if you judged none of the EC seem too investment-savvy anyhow?