".....in the further alternative, because they constituted,...

".....in the further alternative, because they constituted, constitute, will constitute or are likely to constitute a contravention of a provision of Chapter 6."

wow, so T/O Panel are saying that previous directors have breached the T/O provisions of the Corps Act.
so they have already made up their minds.

I can see a Class Action against the old board coming.
You guys who hold, should go talk to IMF or someone similar.
they will jump on this.
probably the only way you will see any recompense.
that money from MPO sent overseas will be goneskee