I know this will a contentious issue. I am posting this from an investor point of view. If you want to comment on the ethical side or the national security side, it is up to you.
As you can see from the two articles published today, Slater and Gordon has undertaken a huge case against asylum seeker detention center on Manus Island. Article 1 (http://www.smh.com.au/federal-polit...isonment-in-class-action-20160817-gquusw.html) states that Lawyers pursuing a class action on behalf of asylum seekers on Manus Island in Papua New Guinea have been given a go-ahead to expand their claim to include false imprisonment. Victorian Supreme Court Justice Michael McDonald has ruled that the claim can be widened to allow the lawyers to argue that the detainees have been unlawfully held on Manus. The Commonwealth has warned that the case could represent the largest public interest immunity challenge in Australian legal history. If proven that they falsely imprisoned, the damage might account to a huge sum. 800 detainees imprisoned for 1000 days. As one of the legal note suggested, in general compensation is about $450 per day. You can do the math. Not good for the good name of Australia, but Slater and Gordon might be able to pay all of its debt from this.
Article 2: Australia and Papua New Guinea on Wednesday said they had agreed to close a controversial Australian-funded asylum seeker detention centre on Manus Island. In my view, this further strengths the class action case.
http://gulfnews.com/news/asia/austr...troversial-refugee-detention-centre-1.1880507
Tomorrow will be an interesting day for SGH share price.
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