The Darwin Basketball Association Board could not explain at its annual general meeting why it considered the association solvent given a warning from auditors at the end of last year that there was significant doubt about its capacity to continue as a going concern.

At the association’s AGM last Sunday, the board told members they had to approve the financial statements so DBA could receive $100,000 in withheld government vouchers, and failure to do so would mean the association could not continue trading.

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