Dishonest Managing Agent

Dishonest Managing Agent re Sectional Title Scheme<br> The Managing Agent operates a Trust Account into which monthly levies are paid from the Body Corporates he administers. The B.C. has no access to this account and is provided with a monthly \cash flow"reflecting the transactions the Man. Agent processed during the period.<br> Our B.C.has designated 2 trustees to sign off invoices before they can be processed by the Managing Agent.<br> The Managing Agent was given instructions that he is not authorised to process any \""Auto Generated Invoices\"" without explicit approval.<br> The Managing Agent persists in processing Bank charges"