Concert scandal could be playing on for some time – Business

Years in the making, the Halifax’s concert scandal isn’t going to be solved overnight.

It came to light only after the acting chief administrative officer, Wayne Anstey, revealed the city was going to have to find a way to pay a $359,550 bill it owed the provincial government’s Trade Centre Ltd.

That bill was related to a transaction between the city and concert promoter Harold MacKay’s now defunct Power Promotional Events Inc. The transaction saw Anstey advance funds to MacKay via Trade Centre Ltd., which was selling tickets for the concerts. The promoter was to repay the money through ticket sales.

Concert scandal could be playing on for some time – Business – TheChronicleHerald.ca.

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