Noon: The long-standing and "diabolical" relationship between the Cartier Bereavement Charitable Trust and the organiser of the Wigs on the Waterfront fundraiser has broken down amid accusations of mismanagement and lack of financial returns. At a meeting of Wigs talent last night at Family bar, Cartier Trustee Karen Ritchie confirmed that the Trust, which was set up to raise funds for funeral costs for those who die from HIV and AIDS-related illnesses, is no longer involved with annual outdoor downtown drag day Wigs on the Waterfront. The Trust decided to pull its involvement from Wigs due to frustration over what it says are organiser Wayne Nicholas's lack of transparency, poor management and issues over the amount of money raised at each event, explained Ritchie. "I'd asked for clarity around sponsorship of the event and money raised. We wanted transparency, but never got any. We received no real money from the event except for myself and other volunteers going around collecting coins from buckets through the day. "There was never any structure, and always just excuses. Things like the date of the event should have been finalised 12 months out, but they never were. And the drag queens were often forced to wait around as events on stage ran late. "I have tried to make things right myself, but it wasn't my event to organise," she said. Describing the relationship between Wigs organisers and Cartier as "diabolical", Richie said the decision to part from the popular event had not been taken lightly, but was a last resort. "I promise you all that while I'm on this earth, the Cartier Trust is safe," Ritchie assured the assembled crowd of almost 50 high-profile Auckland drag entertainers and show supporters. The Cartier Trust's lawyer and accountant also spoke to the meeting on behalf of the charity, explaining that Wigs on the Waterfront was a separate entity from the Trust, and had been trademarked under the organiser's name. Any similar events in future for Cartier would need to be named something different. Although GayNZ.com had been informed of yesterday's meeting well in advance, Ritchie had asked us not to highlight the gathering with a news story, as she said she wanted to avoid further conflict. Wigs on the Waterfront organiser Nicholas says he planned to be at Family bar at the same time as the meeting on another matter, but was told by Ritchie he was not welcome there. Speaking to GayNZ.com this morning in an initial reaction to the meeting, he insisted Wigs would return to Auckland's Viaduct Harbour on Sunday 16 March. "Wigs on the Waterfront is still going ahead. The support is still there from some parts of the community. I've got people who aren't taking sides. We've had several applications by charities for funds, so we're going to sit down with the sponsors and make a decision about who will benefit from the event." Meanwhile, Family bar will host a special Wigarama night of drag shows on Thursday 24 April - the day before ANZAC Day - to raise funds for the Cartier Trust. Family bar owner Wayne Clark says he'll support the event by donating 15% of the bar take on the night to the Trust.