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OZ Minerals Ltd (ASX:OZL) chairman Neil Hamilton has taken aim at adviser fees, according to a report by the Australian Financial Review.
The chairman criticised investment banks, accountants and advisers working on large merger and acquisition deals, accusing them of conflicts of interest.
He added that those advising companies on such deals should not receive bonuses based on market based outcomes.
In the 2010 calendar year OZ Minerals recorded a net profit of $586.9 million.