Good evening,
Ladies & gentlemen I present to you the Independently Verified EY Due Diligence Review.
READ HERE : https://bit.ly/EYxManaaki-DDreport
A small #PublicProps to Callaghan Innovation CEO, Stefan Korn for releasing SOME of what was asked (still not the 2 Main DD’s), but a NAME & SHAME to the 6 out of 7 agencies who all FAILED the same ‘transparency’…….
Ministry of Business, Innovation and Employment - Didn't even respond within the legal deadline. WTF!
Ministry of Social Development (MSD) - Delayed to 17th Jan 2023Te Puni Kōkiri - Delayed to 20th Dec 2022
New Zealand Trade and Enterprise - Delayed to 14th Dec 2022
Ministry for Pacific Peoples - Delayed to 6th Dec 2022
Creative New Zealand - Delayed to 2nd Dec 2022
SUCK at reading like me? Here’s a quick Recap.
- There were NO SIGNIFICANT DEFICIENCIES in the due diligence process that would ‘materially change the outcome’ of the reports.
- 31 pieces of evidence were gathered from 9 witnesses.
- The due diligence process on Manaaki WAS THE SAME as all candidate providers in the RFP.
- The ability to do due diligence was clearly outlined in the RFP tender documents, and these terms were accepted by Manaaki, BEFORE the report was produced.
- Callaghan was forthright in offering Manaaki opportunities to discuss findings of both reports.
- There’s a ‘valid audit trail’ for how Isacorp was made aware of each interviewee.
- Interviewees freely information and that info was 'REPRESENTED FAIRLY' in the reports.
- The Callaghan RFP was worth a further $4.2m of funding to Manaaki (on top of the $5.4m already received by the government).
So to all the misinformed social media muppets with absolutely no facts or evidence, who’ve drunk the echochamber cool aid yet never even spoken to a single victim, witness or Founder that’s actually been affected by Manaaki’s actions - your public statements are REALLY not going to age well. Seriously!
As Manaaki.io / We Are indigo continues to claim 'public transparency' while STILL gaslighting me privately, just a quick reminder, this entire shit show all started with innocent Maori / Pacifika Founders and partners who were done wrong by Manaaki and it’s Directors Andy Hamilton, Pat MacFie & Monty Betham through a range of bad behaviors, all which are clearly documented in the DD reports which Callaghan have STILL refused to release.
Finally, it’s about to get a LOT louder as more OIA’s are released but please remember the priority here is the Founders, and that after the dust settles, we need to make sure this NEVER happens again to another innocent Founder in the Startup Space.
To the Big O - RELEASE THE REPORT already my G!
FOUNDERS FIRST! Churrrrrr.
- Robett Hollis
Ps. I’ve already forwarded the full 68 Page OIA release to media.
Pps. Missed an episode? HERE’s a quick recap for those just tuning in :
Calling all NZ Startups, SME's and Entrepreneurs - On Friday June 2nd we're having a FOUNDERS & FRIENDS Meetup in Auckland CBD for a group of good humans. let;s hannggg. https://bit.ly/FoundersAndFriends