PPRuNe Forums - View Single Post - Glen Buckley and Australian small business -V- CASA
Old 28th Oct 2019, 06:42
  #761 (permalink)  
Sunfish
 
Join Date: Aug 2004
Location: moon
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Wawa zone, you might invest your money, but no investor I know (starting with the entire venture capital crowd and high net worth squad) is going to touch an investment where some person from CASA can decide to do a Glen Buckley on you.

Big investors have very little sovereign risk because they initially reach for their lawyers and political contacts, and if the political benefits are there then CASA will be called in to sit down with the Minister's staff to sort out the details prior to any applications for approvals.
Investing because you “have political contacts” or “know someone in CASA’ or “know how to keep in good with CASA’ or “know how to get CASA to fix things” has a name; it’s called official corruption and it’s a felony.

If you have any examples, we’d like to know.
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