Tavistock has been plotting how to ensure FIRB rubber stamps a...

Tavistock has been plotting how to ensure FIRB rubber stamps a takeover when they are ready for years. See this HBR articlehttps://www.hbs.edu/faculty/Pages/item.aspx?num=51632

One loophole is an exemption from needing approval if the purchase is previously agreed to - and Tavistock has probably been ‘working the room’ with the panel membership for years. Why else do we have two directors whose only claim to fame is being politically connected - one from each side of politics. Joe is renowned for doing anything it takes to pay a takeover premium in any case - see the Mitchell and Butler experience (difference is the board there stood up for the shareholders overall).

If the government allows this Bahaman Billionaire to steal away 1% of Australia’s best grazing land without so much as a thorough investigation- they will be judged by the people.

The whole system assumes the board of directors have the best interests of shareholders and the law at the core of their decisions- I don’t see that here but there is no ‘board ombudsman’ to investigate. We’ve seen reports here of Shehan Dissanayke using AACo money to buy a share of his and his wife’s business (Ruminate Labs etc), and spending 10’s millions with Tavistock s Sri Lankan ‘consulting firms’ (Pyle, Surge, etc)- and ASIC day they haven’t investigated because again it is assumed the directors would never lie.

what can be done?