Some members of a prominent charity for the Canadian Black business community are calling for its board of directors to resign and for a third-party audit after discovering the non-profit paid two former board members’ companies at least $1.5 million for services while they were on the board or CEO of the charity.
CBC Toronto obtained dozens of pages of internal records concerning the Black Business and Professional Association (BBPA) — including invoices and transaction records — which show the non-profit did not disclose more than $800,000 of that spending as related party transactions to the Canada Revenue Agency (CRA).
I’m shocked. Screen shots taken from BBPA-Financial-Statements-2023
