Quote:The Transport Minister, David Campbell, said yesterday the...

Quote:

The Transport Minister, David Campbell, said yesterday the Government was taking all "necessary action" to recover taxpayer funds.

"This includes monitoring the impact of any company restructure and liaising with the Australian Securities and Investments Commission as appropriate," Mr Campbell said.

http://www.smh.com.au/news/national/tcard-firm-may-have-no-assets-to-claim/2008/10/17/1223750333624.html

another drama! I donot think ERG has the right to restructure itself when it still involved in the litigation.


If ASX intervene, the restructure will fail.