Prominent charity serving Black business community paid $1.5M to 2 board members’ companies, records show - News Summed Up

Prominent charity serving Black business community paid $1.5M to 2 board members’ companies, records show


WATCH | Members of charity serving Black business community call for change in leadership over financial allegations:Début du widget Widget. Some members of charity serving Black business community concerned about $1.5M paid to former directors’ companiesSome members of the Black Business and Professional Association are calling for transparency, and a change in leadership. Since leaving the charity, Spencer has returned to her role as CEO of BrandEQ and currently sits on the Toronto Police Services Board. Last week, Cadastre stepped down as chair of the BBPA board of directors temporarily while the charity undergoes an independent review. Related party transactions not fully disclosedPart of the concerns from the BBPA members group involve transparency with members, the CRA and donors.


Source: CBC News May 15, 2024 08:23 UTC



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