OCV octaviar limited

a real target of our didcontent

  1. 7,867 Posts.
    We still appear to cling to wailing about PIF losses caused by pilfering of competing RE’s. (MiaGain 30 Nov post).

    The real target must always be ASIC, and again ASIC.
    Example of such blindness is not seeing ASIC deficiency for what it is and not urging ASIC to ORDER (powers are there) both ARL and WC to FREEZE all expenses till 8 Nov court resolution.
    After that; to urge ASIC to go to whatever party to compensate PIF for those interim/imposed extra expenses.
    And PIFAG should go after ASIC for the same.

    FREEZE principle still applies. It is an established practice in commercial and administrative jurisdictions to SUSPEND parties under investigation while that investigation is underway.
    ASIC has issued numerous notices to PIF members that WC IS UNDER INVESTIGATION. In fact, over past 4 years at least!

    I have reasons to believe to have been the only PIF member to harass ASIC and other government parties for a FREEZE of asset sales while these investigations are under way, among other issues.

    This is why I say again with conviction that pointing fingers at "Pigs @ the Trough" is so pointless in our situation.
    And "stir them up" effect is a cheap way to earn meaningless thumbies.

    Any new Submissions to PI from our midst?

    Regards,
 
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