opes sg imf, page-10

Dunny,
You are correct, once all legal means have been exploited , all rabbits have been chased down their burrows , all to no avail , we have been shafted by the courts "IN EXPEDIENCY, FOR THE COMMON GOOD ,protect the banks at all costs" then I/we ,will turn our attention to the perpetrators who criminally sold off the shares.

I will never walk away and accept this corporate bastardry, especially from a bank that has been the recipient of such government support (read taxpayers funds.

What is the role of the corporate regulater ?? ASIC.

A person arriving from a first world country
where the British style of commercial laws exist
would be amazed at the statement put out by the
Chairman, Mr Tony D'Aloisio defending the the
ANZ by releasing them from potential claims
arising from two civil investigations, aka,
Assisting Opes operate a unregisterered managed
investment scheme and the seizure and sale of
Opes assets to the detriment of creditors ,whilst the company was insolvent.

This defence of ANZ by ASIC is in my
opinion reprehensible ,in as much it allows the
bank to avoid being charged with breaches of the
corporations act , my criticism with ASIC
is that they are there to uphold the
law without fear or favour and not prejudice
the rights of persons who may have a claim
against the bank for the these breaches and other matters

How can they trash the rights of the Opes
creditors who do not wish to receive .35_37cents
in the dollar ,and are prepared to litigate in
expectation of receiving at least this amoumt in an adverse judgement ,.

It is my sincere hope that this proposal fails ,
as ratification will only confirm my worst fears
that their are dark forces guiding what is
deemed "to be for the common good , banks must
be protected at all cost " and STUFF the innocent victims.

an addendum, I wonder what provision is being
made for the victims ,who after much soul searching ,took their own life!.