News
NAB agm
January 9, 2010
Dr. Chaney AO has had to get rid of his halo, that would have been a condition of getting an invite to join the Melbourne business establishment. He has just helped the NAB and Unisuper unwind one of the most corrupt business deals ever done in Australia, Orica (ICI) selling the Moomba gas pipeline to NAB and UniSuper, (who invited UniSuper into this deal ???). Catherine Walters set it all up while she was on the board of Orica, NAB and ASX, and KPMG were the auditors for all those companies (Costello had senior KPMG people on his staff and is mates with Graham Liebelt, Orica's CEO, and Philip Weikhardt of the "special skills). The small shareholders in Orica have been done for $00s of millions, that doesn't worry Dr.Chaney, he doesn't care much for small shareholders. He told the NAB agm we don't need any stronger corporate regulations; stronger regulations might hold back that great Australian spirit of entrepreneurship.
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