The ASIC Affidavit_Forbes_Octaviar_Filed 20091029 alleges: On or about 18 Feb 2008, Michael Skepper of MFSIM’s internal compliance unit (Compliance) raised a concern that s1017E of the Act had been breached because, although the records of MFSIM as RE forPIF showed an investment of $85 million into MYF by MFSIM as RE for PIF, no corresponding funds were received into MYF application account (the anomaly).
So did WCL’s compliance committee release a report to confirm or rebuke this anomaly?
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