RALEIGH — When Gov. Mike Easley and top state officials recently approved the acquisition of a 36-acre parcel of land in Beaufort, they also might have helped a nonprofit organization hide financial losses from the Pepsi Americas’ Sail event in July.
RALEIGH — Winston-Salem lawyer James Kelly, co-chairman of Pepsi Americas’ Sail 2006, would not disclose on Thursday whether his organization made or lost money on the tall ships event that took place in early July in Beaufort and Morehead City, saying in a telephone interview that the financial records of his organization are private.
RALEIGH — The New York-based organization that sanctioned the July Tall Ships event in Beaufort says it is planning legal action against the North Carolina organization that hosted the event, alleging that it failed to share revenue according to a contract.
