On the morning of June 20, SaveWCAL attorney Michael McNabb sent the following email to Minnesota Attorney General Lori Swanson:
Dear Attorney General Swanson:
The Associated Press reports that Minnesota Public Radio asserts that it acted in good faith in acquiring the assets of the WCAL charitable trust. The legal conclusion about the St. Olaf-MPR transaction is not affected by the role of MPR. Even if the actions of MPR had been completely innocent, the transaction is still void.
St. Olaf did not have the lawful authority to assign or sell the assets of the charitable trust because (1) it was a breach of its fiduciary duty as trustee for St. Olaf to create the circumstances that rendered it impossible to honor the intention of the donors and (2) St. Olaf failed to obtain the authorization of the Court to terminate the charitable trust as required by the Charitable Trust Act.
Of course, the facts are that MPR was a co-conspirator in the breach of trust and the conversion of the assets of the trust.
Again, SaveWCAL urges you to honor your statutory duty and your oath of office to enforce the Charitable Trust Act.
Michael McNabb
Attorney at Law
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This is the straightforward,powerful, game-changing truth that we are dealing with now. This is the message we will take to court.
JB in OH
This certainly brought forth a flurry of action from the State's Attorney General…… NOT