The Peak Producers Association (PGA), a prominent lobby group for WA's agricultural sector, has appointed administrators to address financial irregularities and a funding shortfall. The PGA acknowledged a 'financial deficit' and stated that executive and committee members became aware of 'serious financial misconduct' within the organization. Administrators will work to secure short-term funding and restructure the PGA's operations to ensure its continued function as a representative of the agricultural community.
The organisation, a lobby group for WA's agricultural sector, appointed RSM Australia partners Jerome Mohen and Greg Dudley as administrators on Thursday afternoon.
"The PGA executive and committee remain committed to seeing the organisation work through the administration process and continuing its longstanding function as a respected representative of the agricultural community," Mr Mohen said. Mr Mohen said the administrators would work closely with PGA management to "secure short-term working capital so PGA can continue operations while we conduct our investigations into the noted financial irregularities"."At the same time, we will review the PGA's operations with a view to completing an appropriate restructure of the organisation's operations and financial position so that it can successfully exit the administration process," he said.
The PGA is one of two major lobby groups representing agricultural industry interests across WA, the other being WAFarmers.
FINANCIAL IRREGULARITIES ADMINISTRATION AGRICULTURAL LOBBY WA FARMERS LIVE SHEEP EXPORTS
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