warning korda mentha

The use of insolvency legislation to place companies in the hands of receivers and liquidators is about to get a hammering and face change thanks to some very very suspect use of the legislation by liquidators such as Korda Mentha.

The firm who has consistently failed to disclose related party activities, conflicts of inetrests and benefits which are in effects ecret commissions dressed up as legitimate payments in favor of bottom feeders who take the guts out of great corporations has been documented and now uneartyhed courtesy of Biran Burkes follies.

A recent invstigation resulting from the Brian Burke affair and Crime Commission phone tapping has revealed that the brother and another relative of Korda Mentha liquidators were actually providing the information and justification for companies, especially funds under management and property trusts to go into liquidation to be sold off cheaply to bottom feeders.

The sacrosanct role of the liquidator with their previous untouchable position is about to become unstuck. Large legal firms and predatory funds managers are also part of the equation. Glad Brian Burke could serve some purpose. But he is not alone either. Kennedy and Graham Richardson have also provided the catalyst for the unearthing.

Never be afraid to ask those difficult questions. I can speak with the authority of someone at the coal face of whats happening having worked with the ex premier believeing his actions were lawful. Brian Burke was never alone. They never are. There is more to be told including Commonwealth Police officers who had been providing information and protection.

The use of ex cops in the large law and accounting firms to 'prevent fraud' and to provide security is a euphemism for proteciton using their buddies still serving.

Brian Burke, Korda Mentha, two of the largest law firms. There is taped evidence, there is photographic evidence and there is other documenary evidence now avialble and it will flow. Whats perhaps more unforgiveable is the nexus between ASIC used as another bully boy in the pursuit of vulnerable companies being sought after by Korda Mentha and other liquidators like Ferriers were before to strip the companies of valuable assets at bargain basement prices.

As for Korda Mentha which is specifically named in the Burke investigation from wire taps is the brother of one of the employees of Korda Mentha from ASIC actually provides the information required to help wind up companies in favour of the bottom feeders.

This is economic terrorism. But since no Arab or Muslim is implicated no one cares. Not at least till now