This is without a doubt the greatest Corporate Crime and Public relations blunder of this century in Australia.
What were these people mediating!
ANZ conducts a 3 month review of itself sacks 8 to 10 executives...apologises to OPES clients on the covering page...and seeks a Holistic solution...(read a compromise settlement)
ANZ had notice of this possibility way before Oct and send notices for payment 6 weeks latter for payment a week before Christmas ...if this wasn't real i wouldn't believe it
My loathing of these people ...from a moral perspective ..is Nuclear
You see...i know ..that ANZ were on "notice" either accidentally or by intellectual error ..from the beginning of Opes
Opes and ANZ by way of joint marketing ..of Custodian and Bankers..create accessorial liability to ANZ
There are 10 such cases currently lined up in the Courts ..and some genius somewhere ...decides to send demand notices to innocent people ...many of whom have had both their lives and financial lives turned upside down
Why not wait ..until the conclusion of the court proceedings
What balance ...what utter stupidity ...what sensitivity ..it reminds me of the Gestapo...slavish and mindless
When an adverse judicial ruling is established ...this writer will make it a mission to put a bright light on those responsible
Beggar a client ..through expropriation of their share holdings(savings) and through a quirk of timing ..they were massively positive ..this turns negative under an artiface re Amslas that no one knew..
Send prior notices that previously stipulated an event of default had occurred
Now the Recievers..no doubt with acquiessence of their masters seek to recover some artificial number ...and send these clients to the poor house
ASIC ...step up ...today ...do not pontificate any further..today
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This is without a doubt the greatest Corporate Crime and Public...
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