Brendan Burgess
Founder
- Messages
- 54,424
There is no news here other than
"Central Bank finds no evidence of malpractice in Credit Union raffles"
Brendan
This is sadly just another example of click-bait journalism, headlines generate clicks generate google ad revenue. The Story underneath the headline doesn't matter, rather pathetic really.
To be fair, it probably had more to do with how the Central Bank reported it to the media.
I barely even read your post...But would anyone read such a story?
Great to see a tax free bonus scheme type in operation for the staff and management and like most other bonus schemes is sponsored by the customers.
Staff and directors in 30% of 128 credit unions won prizes - so that would be 38 prizes in total (assuming only one win in each credit union.)
So the right summary would be c.1% of prizes were won by credit union staff and directors?
A lot of the figures mentioned in this thread are based on the assumption of one win for staff and directors in each Credit Union.
So the right summary would be c.1% of prizes were won by credit union staff and directors?
All the draws are probably not monthly.
In some Credit Unions, the staff probably won more than once.
In 15% of Credit Unions, the staff were not allowed enter.
There is nothing in the Central Bank survey to suggest anything untoward happened.
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