its a dangerous precedent; it smears FIRB and weakens its...

its a dangerous precedent;

it smears FIRB and weakens its authority and questions its competence to asses TOs.

Can you imagine china looking at this closely and LOL and at the same time keeping an eye so as to have this type of scenario available at its disposal when considering TOs.

SIA will need to be re written with this type of scenario in mind...therefore making TO in australia more regulated and less flexible.

if MMk are allowed to run the show without redress from TO panel, FIRB, or even govt....australia will be taking a big step back to its open free market financial system,

The first reply warning shot by funds/mngt is good , the next step will be more interesting either MMK completing transaction, walking away and paying quit fee, or escalation by placing court orders and freezing MMK assets in OZ.......

Im quite confident these russian gypsies will end up paying one way or another.