There can be poor management, mismanagement, decision-making related to stock performance instead of getting the maximum performance out of its mining operations, overspending, misspending... you get the idea.
Administrators have adopted the recommendations of the legislative auditor, who last month issued a scathing report that cited misspending and overspending under the previous board.
The fund released 12 reports on its website earlier this month that turned up an additional $20 million of mismanagement, alleged fraud and misspending.