I struggle to see the difference between this criminal (who...

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Rusty2791

83 Posts.

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28/01/21

11:53

Post #: 50500436
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Originally posted by Rusty2791: ↑

I contacted the liquidators by email about 6 weeks ago and got this response to the question about how things were progressing. E-mail response shown below. I had to cajole and badger them for this simple update.

Can I encourage everyone who has a vested interest in this to do the same and send an email to Helen below.

Thank you for your emails. We are currently conducting the sales process for the Merlin mine and all associated assets, upon finalisation of the sale we will provide creditors and shareholders with an update on the liquidation.

Furthermore, we continually report to and communicate with ASIC regarding the Company. However, please note that not all reports submitted to ASIC are publicly available.

Should you have any further specific queries, please do not hesitate to contact me directly on the contact details below. Kind regards,

Helen Shi.
Analyst | Restructuring Services
Deloitte Financial Advisory Pty Ltd477 Collins Street, Melbourne VIC 3000, Australia
D: +61 3 8486 1608

[email protected] | www.deloitte.com.au

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I struggle to see the difference between this criminal (who stole 5 million from NAB, who also got 8 years), and the board of MED. Only the Merlin Board misappropriated 14 million dollars.

We need to ensure ASIC chases these former MED Board members.. I have already started contacting ASIC. It is only the squeaky wheel that gets oiled.

https://www.abc.net.au/news/2021-01-27/former-nab-employee-jailed-for-defrauding-bank-for-kickbacks/13094220

MED Price at posting: 0.6¢ Sentiment: None Disclosure: Held
9 Upvote

1 Great analysis

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