Aboriginals can't even run a convenience store let alone Australia!

[Br.IanVonTurpie]

http://www.ntnews.com.au/news/northern-territory/numbers-dont-add-up-for-aboriginal-corporation/story-fnk0b1zt-1226796014559


AN ABORIGINAL Corporation has been put into special administration because its accounts are a shambles and it is insolvent. 
 
Auditors have shed light on why Lagulalya Aboriginal Corporation, which runs the community store on remote Bickerton Island, was put into special administration in a General Purpose Financial Report posted on the website of the Office of the Registrar of Indigenous Corporations.

The company was due to hold its annual general meeting by November last year but has been exempted until April 21. The exemption is valid until changed.

Lowrys Accountants found the books were in disarray and the corporation was technically insolvent.

A series of troubles noted in the last financial year included:

SUPERANNUATION not being paid.

CASH-IN-HAND figures out by $82,461.

STOCKTAKE figures out by more than $330,000.

The auditors found there was no evidence of the amount of stock that should have been on hand as of June 30, let alone evidence to support the last-minute adjustments.

"We are not in a position to be able to identify whether these adjustments were as a result of obsolete stock, damaged stock or stolen goods," the report said.

The auditors were so appalled by the inventory control they refused to rely on the cash-flow information relating to those accounts.

"The corporation has significant issues relating to internal control and accounting procedures," the report said.

"(It) is not meeting its responsibilities for maintaining adequate accounting records and appropriate control over financial transactions and assets."

The corporation's liabilities exceeded its cash assets as of June 30 and the auditors had "great concern" it would not be able to pay its bills.

It was thrown a $209,500 lifeline by the Anindilyakwa Land Council in November.

Lagulalya is run at the settlement of Milyakburra, where 170 people rely on the store for essential goods.



Well looky here!:- Corrupt and stupid , child like, Abos?! Who ever thought?! Then the do-gooders think this mob of clowns can run Australia. Heh! remember ATSIC? Bet they couldn't even organise a Back yard BBQ!

[PaulW]

I think you're being a little hard on the abos. I dont get my dog to answer the phone. so why blame the monkey when the grinder makes the monkey run a shop. let them live as any animal in the wild. living on roots and bugs. Keeps them happy and out of the way of things they just cant understand or do.   

[Grimm]

Wow, I'm surprised that they don't make the employees that do those tasks sign some kind of contract saying if the amounts are off by a specific amount, they are responsible for the difference. Like, if I were the owner and hired a manager and then let manager sign similar deals with his underlings.

[Br.IanVonTurpie]

Wow, I'm surprised that they don't make the employees that do those tasks sign some kind of contract saying if the amounts are off by a specific amount, they are responsible for the difference. Like, if I were the owner and hired a manager and then let manager sign similar deals with his underlings.

Because they are Abos they get a free pass. People want these bloody" Boongs"(A boong is a word we call them because that's the sound they make when we hit them in our cars at night) What was that mummy?"... oh, "just another one of those boongs sweety."The system wants to see them succeed and get their foot in the door to help "their families" in "their nation". They try give them more opportunities than every one else to run businesses and start apprenticeships.. but due to their lazy and corrupt ethic , nothing bloody works. The tax payer foots the bill.

It'd be nice to send them back to the trees and nobody tells them they can't live traditionally but saying they can't have grog and can't be in the pubs and clubs we go in is discrimination in the system's eyes. We need a permit to be on their turf.. I say they need a permit to be on our turf too.. for their own good. Where ever they go they bring problems!

[Rev.Cambeul]

I think you're being a little hard on the abos. I dont get my dog to answer the phone. so why blame the monkey when the grinder makes the monkey run a shop.

Exactly! The Anti's are actually as racist as we are, claiming that Australia's Indigenous people are like children. The difference is, we so-called Haters hold the Abo to account for its own actions, while the Libtards refuse to hold the Abo it to account for its own actions, forgive the inferior Abo, give it a pat on the head and feel good as they give it another chance to screw up yet more innocent lives. What's the difference? We Haters are realistic and honest! If any Abo is capable of living to our standards or above, we give him the respect he deserves. I would refuse to accept him as a friend or allow him to mate with my daughter, but I'd still treat him with the respect he has earned. The Libtards however, are deceptive and live in a world of total mendacity. They are either self hating Whites or they are sorrowful sons of bitches that cry whenever the media gives them the politically correct cue to bawl their eyes out. Both however feel the need to use the Abo to either attack their fellow Whites as a means placate their feelings of self-hating White guilt ... although the most extreme do get a perverse pleasure from everything murderous and destructive that the Abo does. See http://www.fightdemback.org for an example of anti-White irresponsibility by our enemies.

So give an Abo a market stall or a multi-million dollar business to run, and when it runs with the takings - as it most often will, is it because he is a child-man who just needs a hug? Or is it just another primitive savage that needs a swift kick back into the outback where it can flourish or whither of its own accord, like a wild grape on the vine?

Delenda Est Abo

@Cailen.