Well, well, well...White Energy's shareprice is going to fall faster than Red Bull's Felix Baumgartner.
Independent Commission Against Corruption- Monday 12 November, 2012 at 1.30pm. p.22 of the transcript of proceedings:
"The next allegation is that seven persons associated with Cascade Coal, Travers Duncan, Brian Flannery, John Kinghorn, John McGuigan, John Atkinson, Greg Jones and Richard Poole received and used confidential information provided to them by the Obeids and their associates, used that information in a way that Cascade Coal would win the Mount Penny Exploration Licence which they intended to resell for a massive profit, attempted to conceal the involvement of the Obeid family to mislead the other directors and owners of White Energy and the Government of New South Wales".
www.icac.nsw.gov.au
white energy...sponsored by red bull
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