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The Guardian Begging Letter Mystery Deepens –Turns Out to be Genuine

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Donors will have to overlook failure to predict EU referendum and to identify mood behind it

Napier, MSCNewsWire, Tuesday 5 July 2016 - The mystery has grown deeper of the British media and investment organisation GMG which has the equivalent of NZD1.5 billion cash in hand and which has been sending out begging email to random New Zealanders.

This is because the email now has all the signs of being authentic.

Curiosity about the affair has increased because the person whose name is attached to the soliciting email, the one now considered to be genuine, is known to earn a yearly stipend in the region of $1 million.

The signatory to the letter is Katharine Viner editor-in-chief of Guardian News and Media Group.

The letter sets out in heroic terms the efforts of the hundreds of its news gathering staff, and how they work around the clock in order to “interrogate” what is going on in the world.

Issued in the immediate aftermath of Brexit there is no explanation of how this substantial cohort of searchers-after-truth failed to identify the possibility of Britain quitting the EU and also failed to pick up the gathering groundswell of public opinion that led to the schism.

The Guardian Weekly, an offshoot point-of-view edition, is known to have a high penetration in New Zealand in the public service and especially among educators.

The soliciting letter described the EU referendum as “ the greatest political crisis since the second world war.”

Donors presumably are expected to overlook GMG’s core business failure in predicting the result of EU referendum, and also the group’s inability to properly investigate the forces behind the anti EU outcome.

The UK company’s transition meanwhile from a tax deductible qualifying trust structure to a corporate entity puts into question the deductibility that can be claimed by the sought-after New Zealand charitably-inclined.

 

Earlier reporting

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