Is there anything we can do to stop this?It is very simple Neuhaus. The 3 persons you have on the board are professional board members. They sit on other condo boards as well.
They will bleed your condo corporation dry with contracts steer to their friends and family.
Examples contractors, energy retrofit or saving, cleaning, security etc. They will also most likely bring in Duka property Management as well if the current PM isn't willing to cooperate. These people are scumbags and their only work is defrauding condo corps. These people are coordinated and appear legitimate. At the AGM they will have forged proxies handed in to pm to ensure they remain in power.