Bank will not withdraw

Press, 29 May 1985, Page 25

Bank will not withdraw

PA Wellington The Wellington Trustee Savings Bank has decided not to withdraw its fiveyear, $13,000 rugby sponsorship, in spite of calls to do so by the anti-apartheid group, Boycott. The Bank’s general manager, Mr Murray Jensen, said that trustees at a special board meeting decided against such a move because the bank had a contract with the Wellington Secondary Rugby Schoolboy Union and funding associated with the 1985 season had already been disbursed. The trustees had passed a resolution expressing their abhorrence of apartheid, but it seemed that any effort to dissociate the bank from the Secondary Schoolboy Rugby Union would be working against the encouragement and development of a traditional secondary schoolboys’ sport. "The bank’s involvement is solely with the Secondary Schoolboy Union who have their own administration organisation and structure. It had no other links with rugby administration in the province,” he said.