asic the big spender

Following a tireless investigation lasting nearly 12 months, the
corporate watch poodle emerged triumphant on Friday, gaining
enforceable undertakings from ANZ over the Opes Prime debacle.

ASIC even got ANZ to pay the costs of the lengthy investigation.

So how much did ASIC spend digging into Opes after it collapsed last
March, before making the details public a little under a year later on
Friday?

Did ASIC put its best and brightest sleuths on the case to bring Mike
Smith and his troops to account? We fear not.

Buried in the enforceable undertakings document are details revealing
that in the course of the investigation the plod spent the grand sum
of $50,000.

Presumably investigators travelled via Greyhound bus, took their own
teabags and filed reports from an internet cafe. http://business.smh.com.au/business/for-hire-one-past-premier-20090308-8sen.html