Magnis pays commodities broker to enter into an offtake agreement, page-79

i'd actually say the CEO is responsible for promoting, and conducting the affairs of the Group with the highest standards of integrity, probity and corporate governance. Downers are all laying the blame at the feet of Frank P for the past, however the CEO and directors were running ship and as a good Chairman you provide them with broader flexibility in leading the operations. Frank would have put his trust and faith in the CEO and Directors - no coincidence that there has been a big turnover of key staff after seeing all this evidence downers are providing from years ago to justify their arguments.