1. Provide an overview of the role of the SWALSC Administrator in addressing the concerns of SWALSC members in the role of persons in leadership positions in the purchase of properties from Noongar Charitable Trust (NCT) funds released by Equity Trustees.
2. Equity Trustees to provide SWALSC members and NCT beneficiaries with all information held by their organisation relating to these property purchases undertaken during 2020.
3. To address all other matters relating to any investigations, potential prosecutions and future activities planned in relation to the actions of all persons involved in these property transactions.
Why is this important?
SWALSC members and NCT beneficiaries are concerned that over $18 million of our funds and the potential future income and benefits from these funds held in trust by our professional trustee EQT have been diminished as a result of misrepresentations made by SWALSC executives and the SWALSC Governing committee. We feel that persons, organisations and trustees should be held accountable for these activities conducted in 2019 and 2020