Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 28, 1987, Winnipeg, Manitoba Shapira reimburses Rainbow stage i i a 4 it by Brad Oswald Rainbow stage has been reimbursed about by former executive producer Jack Shapira after an Independent audit revealed Finan Cial irregularities in the summer theatres mayor Bill Norrie confirmed in an interview with the free press that who resigned earlier this month due to poor reimbursed Rainbow stage after the audit turned up problems with the theatres expense i was quite Ive known Jack Shapira for Many years he was Rainbow the who is also a member of Rainbow stages Board of Norrie said he Learned of the Finan Cial irregularities after Board presi Dent Andrew Jackson contacted him monday Norrie confirmed the amount of Money involved was approximately from what Jackson told me they called in Independent Audi had an audit and it was As a result of that audit that they established the approximate he they then consulted Sha Pira he consulted with his accountants and his solicitor there was a total Norrie said the audit dealt with a period of about five refused to disclose the manner in which the irregularities were he said in an interview the Board had decided to Deal with the matter i dont want to spread our dirty laundry he its just that there were some financial weve received full restitution and were forging Rainbow will continue to Machelle Shapira said her Hus band would not be available for comment on the Issue because of his poor in Hes not seeing any she said from their Tuxedo i doubt if Shapira will be available to anyone until the first of the see Shapira Page 4 for everyone Premier Frank Mckennas Cabinet has something for everyone 17 Cloudy tonight 0 Clear tomorrow 10 october 1987 free press Sun rises sets Moon rises sets final Home delivery 9570550 classified 9562330 second class mail registration number 086 to free press class of 2000 lost at trading close Victory school kindergarten students enthusiastically the seven Oaks school the shirts proclaim that demonstrate their appreciation for their new shirts from the youngsters will graduate Grade 12 in the year Tokyo j from the news services Stock prices closed slightly lower today on the Tokyo and Hong Kong Stock exchanges As nervous investors worldwide watched to see whether yesterdays advances in Europe and North America could be in the financial times Stock Exchange Index was Down Points at about 45 minutes after trading began in the nikkei a which posted a gain lost More than a third of that Advance the Index fell or about per to close at changes up and Down in the 200to 300point Range Are not unusual in one analyst but it certainly does not mean the Market Lias settled the Tokyo Index had closed up slightly in the morning session after an earlier surge but afternoon sales of Export oriented and Blue Chip stocks erased the marginal traders attributed the downturn up selects columnist As first ombudsman Barry a free press columnist and former reporter and has been appointed As the newspapers first ombudsman to handle complaints from there is a genuine concern on my part that we have to be Access Ible to to advertisers and to free press pub Lisher Arthur Wood said yesterday in announcing the because we Are so much an integral part of the Community we should be viewed As being a Posi Tive part of not an antagonistic part of Wood he said the newspaper has had no one with sufficient time to thoroughly investigate complaints and to respond to we Are not Here to gloss Over he a 25year Veteran of the has the knowl of newspaper operations and of the Community to do the Wood pm sure he will be respected by anyone who comes in Contact with Wood said Mullin will be inde reporting directly to the publishers and will have Access to All newspaper depart ments when handling Mullins regular Tri weekly column tomorrow is his to be re see ombudsman Page 4 Mullin accessible to All to general nervousness about the future of the Market As Well As to a weaker Dollar Exchange rate the Dollar opened at yen on the Tokyo sharply lower than its close it ended the Day in Tokyo at theres still a lot of nervousness in the said Julian a broker with Vickers a Costa an american owned securities theres still no consensus or conviction that were bottoming out yet and that is preventing the Market from fears raised Over future of Royal family London Reuter constant press scrutiny of the marriage of and Diana could de stroy the Royal an expert on the monarchy warned if this situation continues it could mean the end of the Royal said Harold editor of burkes a directory of Brit ish the Prince and Princess of whose marriage was hailed As the Romance of the Century six years have been leading separate lives for the last six their reported estrangement has led to daily headlines and breathless speculation about a marriage especially in Britain popular Tab but Buckingham Palace has declined the country is close to a constitutional Brooks Baker said in an the press have a history of making and but he said the Royal family is partly to blame for the press treat ing them like characters in a soap the new Young royals Are acting in a Way that is not pleasing to he it May amuse the Public but it is not what people expect of the British press have also been paying critical attention to the see monarchy Page 4 Bob head of the Tokyo office of the Canadian investment firm said the Market sold out of a rally he said the japanese finance ministry was reported to have asked institutions to step into the Market again to Shore up but that just int enough any pessimism simply overwhelmed the mar Ket even though the institutions appeared to be trying to meet the ministry in Hong Stock prices Rose sharply at first but then fell Back on Selling pressure and closed the hang seng the Hong Kong exchanges prime gauge of Blue lost Points to close at the Index had been 250 Points ahead at one Point in the morning but then sell orders a on the Hong Kong mar Ket reopened after last weeks four Day closure and lost a staggering 33 per cent of its value in its worst fall in the australian Stock Market rallied by Tak ing the Al Ordinary shares Index up 55 Points to a glut of transaction has delayed closing the Index fell seven per cent or to close at Stock markets around the world had responded with mixed enthusiasm to a Strong rebound ear see Tokyo Page 4 punishment Klishes to Winnipeg Jeweh tourist trap Federal Grant to Alberta mall stuns auditor Mazankowski defends funding Ottawa up there Are still horror but the country chief spending watchdog Ken Dye said yesterday he is cautiously optimistic that the government is Start ing to get its financial House in but it was those horror especially the approval by Cabinet of payment of a Grant to developers of an amusement Park in the West Edmonton that a string of opposition maps jumped on when the auditors report was tabled in the the report is dyes annual report card on How Well the government handled More than billion in direct spending and another billion in indirect expenditures through the offering of tax Breaks in the fiscal year ending March the payment to triple five owned by the wealthy Gherme Zian was made against the advice of the Alberta government and the Federal department of regional Industrial the Issue prompted a bitter Exchange in the House Between nip my Nelson Riis and Deputy prime minister Don charges of kickbacks were overheard during heated the minister for Al Berta and then acting Industry min defended the saying it was to promote tourism in West Ern but he did not answer Why it was made when Federal officials said the project was viable without the payment and not eligible for such a Dye later told reporters in unhappy about the which he said was made outside the guidelines for such but he didst think it was though he haunt sought a Legal opposition maps also demanded the government explain a charge by Dye that a government the Canada Deposit insurance was involved in what Dye said was a tax avoidance scheme that will Cost taxpayers under the carefully crafted the Hon Kong Bank of can Ada will escape paying taxes on a Grant it was Given to facilitate its Purchase of the failing Bank of British at his news Dye also said political interference in govern ment operations is probably As wide spread today As it was when he became auditor general seven years who smiled Down on the government from a seat in the Gal Lery throughput the caucus com Mons question also unearthed other horror see solid Page 4 auditor generals report highlights d farm Aid package invented without d Ottawa accused of helping Bank Dodge million in Ottawa up highlights of auditor general Ken dyes annual tabled yesterday in the com Mons cautious optimism about improvements in the Way the Feder Al government spends its nearly billion and while problems the cup is half full rather than half d some canadians May be at risk because of poor monitoring by the health department of Adverse reactions to federally approved d a multimillion Dollar jobs strategy was launched without much plan Ning or d eight of nine airports the govern ment wants to sell to the private sector dont make d there is insufficient information on the billion in duty Remis Sion granted each year by the Feder Al d too Many foreign service officers live in Plush with annual rents for officers in Tokyo averaging More than and in new York averaging More than the defence department makes not financial decisions on Many things it buys and acquires too much although it could not Supply Canadian forces in War for a Long period of the defence department spent each for foreign made valves from a Canadian even though it could have got them abroad for door controls on major capital including a plan for a National research Council lab in Ottawa that ballooned into a major Institute in d the government gave developers of the West Edmonton mall a million Grant for its Marine tourist even though department of regional Industrial expansion officials said the mall didst cars lose right Otway to buses under City plan by Gerald flood motorists would be forced by Law to yield to buses on Winnipeg streets under proposals unveiled at a civic committee meeting we want to make it part of the traffic Winnipeg transit spokesman Bill Menzies police would enforce it like any other traffic the proposal to Force motorists to yield to buses merging left into traffic lanes from curb lanes or bus Stop Bays is one of a series of plans designed to Speed up transit service in other measures include d Banning parking on major thoroughfares beginning at Back 30 minutes from the present two hour ban from 4 to 6 d designating curb lanes on main Street and Portage Avenue in the downtown area for the exclusive use of d programming traffic signals at selected intersections to give buses see Carefree Page 4 traps about 150 tourists in buses in the mountains of Tibet l 63 e grand opening Index 38 51 ies t i 33 to 21 Werier 9 ;