AVZ 0.00% 78.0¢ avz minerals limited

Posted this on another thread but seems more appropriate...

  1. jl
    45 Posts.
    lightbulb Created with Sketch. 40
    Posted this on another thread but seems more appropriate here.

    Summary of the AFR article:
    • A corporation hired a lobbyist to aid it in negotiating with a government.
    • In the process of doing so, the corporation's board consulted their legal advisors.
    • Corporate risk management guidance indicated that the lobbyist lives and works in a country where corruption is rife so there is a possibility of him having encountered some.
    • The corporation adopted some guidelines around bribery and corruption.
    • The lobbyist is to be paid for his services, but his fee was a bit rich, so they reduced it.

    Wow, earth shattering stuff. Sounds like the boardroom activity of every company that has dealings with governments.

    interestingly AFR just lost a defamation case for writing an article that was "awash with innuendo"...
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.