Unbeknown to Tront, Steve O'Regan has been paid a retainer for "strategic advice". This retainer was instigated by Tahu Potiki the CEO of Tront. The retainer was only discovered by a member of Tront's Audit Committee when Potiki was questioned. The sum of course comes out of shareholder (beneficiary) funds. The retainer was cancelled in approx July last year. Interested to know what the annual retainer was.
Please, if you have information let me know.
Retainers, are a thing of the past; a fee paid to secure services. Advice today, is generally by competitive tender, the results, and the value should be subject to audit.
What value has Steve added to the Ngai Tahu in recent years?
