class action getting traction?, page-2

w) Did Mr Kyling contravene s 601FD of the Corporations Act by not preventing MFSIM making the 2008 MFS Living and Leisure Loans?

Interesting , that the class action damages have entirely changed from its original form in 2008.

I can remember putting in a submission to ASIC on money being channelled from MFS to support Living and Leisure , which was signed by about a hundred PIF investors . At that time this is where we thought a major part the two hundred million dollars had gone. The Fortress loan remained a complete secret to all but a few MFS insiders.