FILE PHOTO: Britannia, the America's Cup race boat of INEOS TEAM UK, is seen during its christening in Auckland, New Zealand, in this handout photo released to Reuters on October 17, 2020. Harry KH/INEOS TEAM UK/Handout via REUTERS
WELLINGTON (Reuters) - America's Cup holders Team New Zealand on Tuesday launched a blistering condemnation of the government department in charge of next year's event following an investigation into financial impropriety.
TNZ were cleared of financial wrongdoing in August following an audit of the public funding from the Ministry of Business, Innovation and Employment (MBIE) to America's Cup Events (ACE), the body organising the regatta on behalf of TNZ.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
