Poster's Note: Submission Excerpts quoted were cleared for...

Poster's Note:
Submission Excerpts quoted were cleared for publication

As we follow the court sittings across the Tasman in OPI Pacific NZ, it is timely to retrace on our shores the ruinous events of that infamy.

This Submission provides exact (and the best to date) chronology of Wellington Capital role in ruining PIF thousands.
To Moderators: this fact is substantiated by ASIC.

I strongly urge a thorough reading of this Submission.

It especially points to ASIC admissions of the sort:

"ASIC is now in the process of taking legal action against certain MFS & MYF Directors for fraud in relation to the backdated PIF loans. As summarised by a Federal court judge , ASIC alleges that funds were misappropriated and that transactions never occurred, but are instead "merely the window-dressing for a conspiracy to disguise what is, in effect, an old-fashioned fraud".

Therefore, based on ASICs allegations, it must logically follow that the transfer by PIF of valueless loans into MYF was a manifestly (original description replaced by poster: deceitful/deceptive/dishonest), transaction by any objective examination of these facts."

This appears to be the origin and the crux of illegal financial manipulations meted out to PIF Group as scapegoats for this monstrous corporate malfeasance.

I read and wept.

Regards,