I'm having a bad morning. The $6M is from memory.
Page 34 of the PIF annual report for year to Jun 2006.
"Total fees paid or payable:
- management Fees for the year $7,773,534 (2005-$4,811,478)
- other expenses including administration expenses incurred by the RE, which are reimbursed to the RE in accordance with the provisions in the consititution $3,231,695 (2005-$162,695)"
And I meant to say: 'The esteemed managers/leaders' went and sold Stella rather than going to VA.
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