Maybe this is the thin end of the wedge with ASIC.
WC could not get sign off from auditor who wanted more information. Either WC agree's to allow access to info to auditors or accounts cannot be signed off.
Starts to get into corps act stuff here about completion of accounts by public reporting entity.
I had heard that 7.30 report was sent a brief about the mail out by non existant group and the meeting farce not sure where that go to.
I have also heard about a documentary maker looking to document this sorry tale. I was not sure if their story was about the MFS/WC history of the fund or about the regulator and its lack of action given the volume of complaints
I will try to find out more.
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