While the statement makes no specific reference to wider disagreements set to be decided by mediation,
Stuff understands all outstanding disputes between Team NZ, ACE and MBIE, are over. Without attribution to any person, the MBIE statement said: “We regret the manner in which this issue has played out in the public arena and the detrimental reputational impact of the process on ETNZ and ACE, its directors and the teams.”
Hannah Peters/Getty Images The unattributed MBIE statement came a week after the Ministry released information to In August, days before the release of the final audit which disproved whistleblower allegations against the team, MBIE’s Tourism general manager Iain Cossar texted the chief executive Carolyn Tremain.
America's Cup: MBIE apology and agreement ends Team NZ funding row stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.