Well well well ... I received this today on the same day that he resigns... makes you wonder... I will ask you to make your own opinions I obviously have mine...
From ASIC
20th February 2009
We refer to your correspondence... concerning the conduct of National Australia Bank Ltd drirector, Mr Ahmed Fahour.
ASIC apologises for the delay in responding to your correspondence. Our consideration of the matter took longer than anticipated and the matter was considered at a senior level.
After careful consideration, ASIC has decided that it will take no further action into the issues you have raised at this time.
ASIC conducts an assessment of every complaint we receive. In determining which matters we will select for further action consideration is given to a range of factors, including the likely regulatory effect of any available action.
We have recorded the information you have provided in our confidential database. This information will assist us if we receive further complaints.
Well well well ... I received this today on the same day that he...
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