BDA financial crisis? BDA to raid Branch funds
BDA Chief executive, Peter Ward, has written to all Branch Chairmen and Treasurers with proposals for them to return any surplus funds they had at the end of the last financial year (30.Sep.10) to the BDA centrally and to accept a 50% reduction in next year’s grants. GDPUK understands that the BDA’s Board of Directors (the Representative Body) were not informed of the letter nor of its contents. |
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