Frog Lake First Nation's missing $120M
Members of a First Nations band in Alberta are trying to force a forensic audit to find out where the money went.
On a recent Rebel News Daily Livestream, Sheila Gunn Reid and Adam Soos talked about the news that members of a First Nations band in Alberta are trying to force a forensic audit to find out why $120 million has gone missing.
Publicly available records for Frog Lake First Nation show the band is short $120 million in net assets over a five-year time period between 2013 and 2018.
According to a report from APTN, a lawyer has been brought in to try to force an audit:
Chief Greg Desjarlais and council have not provided a full audit yet.
...Other Frog Lake band members, who would only talk to APTN on condition of anonymity over fears of retribution, say that a full financial audit should include any spending by band-owned companies, current salaries of the chief and council and any money they make through band-owned businesses.
- By Rebel News
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