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Saturday November 24, 2012
SYDNEY: Australian mining billionaire Gina Rinehart Friday said she would splash out A$10mil (US$10.4mil) to support the country’s leading swimmers, who are reeling from a poor Olympic campaign.
The announcement by Rinehart’s Georgina Hope Foundation comes a day after Swimming Australia chief Kevin Neil quit his post in the wake of the team’s disappointing showing in London - it’s worst Olympic meet in two decades.
“The foundation will focus on providing subsistence funding, squad funding, scholarship funding and performance funding,” foundation chairman Rinehart said in a statement issued by Swimming Australia. — AFP
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RM1mil reward offer for information on Dr M's alleged misdeeds
Body of child found buried in kitchen
‘Wild’ party ends for 51 at popular mall
Money down the drain
Image on Google Street View may be that of missing boy
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