Strata members pay strata fees into the manager's private bank account!!! Yes in Western Australia the legislation for strata has so many loop-holes that in one group of more than 150 units - which must pay dues quarterly currently totally more than $300,000 annually into the strata manager's account via Deft payments. INCREDIBLY only that strata manger can access that account- not one of the people who pay onto iit or who are on the committee can find out anything about their money's progress as MACQUARIE Bank personnell stated on 16 May 2001 that this strata manager OWNED the account......
so far the WA State Government and Commercial Fraud Squad have had knowledge of this for over 18 months and have even staged an Leglislative council enquiry but local politician office reports that it would take the governemnt years to act....
so far the WA State Government and Commercial Fraud Squad have had knowledge of this for over 18 months and have even staged an Leglislative council enquiry but local politician office reports that it would take the governemnt years to act....
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