THE Wellington Aboriginal Corporation Health Service (WACHS) has been placed into an anticipated six-month special administration by the Office of the Registration of Indigenous Corporations (ORIC).
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The decision was made on Monday morning, with an investigation to commence into the recent board allegations of 'serious' internal financial discrepancies while the organisation is in administration.
The issue was brought to ORIC after the majority of the WACHS board requested the appointment of a special administrator to look into 'serious financial irregularities' they had been alerted to internally.
Whilst in administration, board positions will be temporarily vacated, with two special administrators appointed to fill the positions.
The appointed administrators are chartered accountants Jack James and Paula Smith from Western Australia firm Palisade Business Consulting.
The special administration will also allow for the restructure of the corporation.
ORIC registrar Selwyn Button said it was unlikely the administration would take longer than the six months, despite it not being uncommon in cases such as this for that to happen.
According to a WACHS spokesperson, an important part of the special administration will be the communication and consultation with members of the corporation, the community and other parties.
"There will be opportunities for people to be engaged and participate while the special administration is in place," the WACHS spokesperson said.
The service will continue to operate as normal with no interruptions expected to be made to its services.
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