Hoots, unfortunately my friend, that seems to be the case.
But don't forget what I also stated above whereby it seems to me, (based on what I have been told), that the reason in PLV is based on the mess that the Administrators and Liquidators are claiming to have found.
Not that Liquidators and Administrators don't claim that they never found any mess doing their work. Don't forget that they are always paid before everyone else does. So, IMO, the more mess they find the more they will be paid. And the Law is in their side too.
As such you could be right in saying that for the poor CDU investors could be looking at not less than 5 years to be allowed to claim their tax losses. Sad yes but true.
I am still gobsmacked to find out that no one has even started a class action as yet against this dog.
News: CDU FTI Consulting Says Got Expressions Of Interest From Local, International Parties On..., page-8
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