Day: July 30, 2020

Team NZ informed police of loss in alleged email fraud

Team NZ informed police of loss in alleged email fraud

FILE PHOTO: Sailing - America's Cup finals - Hamilton, Bermuda - June 26, 2017 - Emirates Team New Zealand celebrates with the America's Cup trophy in 2017 after defeating Oracle Team USA. REUTERS/Mike Segar/File PhotoWELLINGTON (Reuters) - America’s Cup holders Team New Zealand (TNZ) said on Wednesday they had asked police to investigate an alleged…
NZ govt freezes public funding of America’s Cup

NZ govt freezes public funding of America’s Cup

WELLINGTON (Reuters) - New Zealand’s government said on Thursday it would halt public funding for the body organising next year’s America’s Cup pending the outcome of an investigation into “financial and structural matters”. FILE PHOTO: America's Cup finals - Hamilton, Bermuda - June 26, 2017 - Emirates Team New Zealand celebrates with the America's Cup…