Quote From Smith the CEO of a multi billion dollar Bank
"The question [management] should have asked is where does that scrip come from? Because if the company has only got $5 million of capital, it must be from clients.
No Kidding Sherlock
What a load of utter utter utter horse droppings..
ANZ Custodians knew each client and client portfolio because in establishing the MARGIN Facility they recieved the scrip from the client directly
This is complete rubbish ANZ execs and staff were in Opes offices everyday ...indeed we have ANZ staff attending to Business development and client meetings w Opes Execs
We didnt know Opes had clients ....Give me a break ..
Surely this isnt ANZs defense
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opes alleged statement, page-51
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