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Trust ordered to pay back R3m profit made from irregular tender

Trust ordered to pay back R3m profit made from irregular tender
16 March 2021 - 17:18
Image: 123RF/ LE MOAL OLIVIER
The high court in Makhanda (Grahamstown) has ordered four trustees of the Siegesmund Trust to pay back R3m earned in a 2014 procurement deal that was deemed to be unlawfully and irregularly awarded.
The order followed an investigation by the Special Investigating Unit (SIU) into the awarding of a R59m tender to Siegesmund for the delivery and supply of computers as pupil/teacher support material by the Eastern Cape education department.
The SIU investigation revealed the goods concerned were procured unlawfully and irregularly. ....

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Two Natrona County High Schools Will Have Common Schedule

Two Natrona County High Schools Will Have Common Schedule
The schedules of the two largest high schools in the Natrona County School District will be aligned beginning either this fall or by the 2022 school year.
The district s board of trustees voted to approve the common high school schedule at its meeting Monday.
The high schools are Kelly Walsh High School, Natrona County High School.
After a motion by trustee Dave Applegate, the trustees agreed to not include Midwest School because it is on a four-day schedule.
The recommendation read by trustee Chairman Ray Catellier cited the benefits for students and staff, with the uncertainty of state funding of the district in mind. ....

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Corporate Office Properties Trust : COPT Elects Raymond L. Owens to Board of Trustees

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Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its Board of Trustees elected Raymond L. Owens to serve on the Company s Board, effective March 5, 2021.
“We are honored to welcome such a highly experienced, well-regarded real estate professional to COPT’s Board of Trustees,” stated Thomas F. Brady, Chairman of the Board. “In addition to having served as an executive at another public office REIT, Ray brings a wealth of capital markets and investment experience to our Board. We are excited to work with him and look forward to benefiting from the valuable perspectives he will bring,” he stated. ....

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Invesco Trust for Investment Grade New York Municipals : Closed-End Funds Declare Dividends

ATLANTA, March 1, 2021 /PRNewswire/ The Board of Trustees of each of the Invesco closed-end funds listed below today declared the following dividends.

. | March 6, 2021 ....

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One bidder qualifies for Conneaut Lake Park sale

One bidder qualifies for Conneaut Lake Park sale
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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