TRUST MONEY FOUND.

Hawera Star, Volume XLVII, 26 April 1928, Page 11

TRUST MONEY FOUND.

SYDNEY CIVIC AFFAIRS. AN EXPLANATION WANTED. SUM ESTIMATED AT £IO,OOO. (UNITED PRESS ASSOCIATION—BY ELECTRIC TELEGRAPH—COPYRIGHT.) (AUSTRALIAN PRESS ASSOCIATION.) SYDNEY, April 25. The Sydney Civio Commissioners, who are holding an investigation into the purchase of electrical apparatus during the past five years, have made the discovery of trust moneys, an explanation of which is desired from Mr. Silas Y. Maling, deputy-general manager of the city council electricity department, who recently secured a medical certificate bn the ground of illness, prior to taking long leave, and who is now believed to be in Auckland. A police detective has gone to New Zealand to interview Mr., Maling before he continles his voyage to the United States concerning -The ownership of large sums of trust moneys remitted from Britain to Sydney. The person who now holds the money informed the Taxation Department he is holding the money on behalf of Mr. Maling, whose answer to this assertion is so essential that it is regarded as necessary that Mr. Maling should return to Sydney. The police estimate that the amount of trust money held on behalf of Maling at £IO,OOO. The transaction wherein Maling is involved allegedly occurred while Maling was acting manager of the electricity department, during the former Labour civic administration.