I've said it before. Buchanan is a liar, pure and simple. The thing about liars of course, is to get away with it for any length of time, one must have an exceptional memory.
I can't believe that he and his mate Joyce haven't already been charged with purgery?; KRUSTY34
At the moment what is apparent is that the drivel being sprouted by the company appears to be rather self serving at best, and disingenuous if in polite company.
"purgery" AKA PERJURY....
also known as forswearing, is the willful act of swearing a false oath or affirmation to tell the truth, whether spoken or in writing, concerning matters material to a judicial proceeding. That is, the witness falsely promises to tell the truth about matters which affect the outcome of the case. For example, it is not considered perjury to lie about one's age unless age is a factor in determining the legal result, such as eligibility for old age retirement benefits see wiki.
For the Australian Senate, the issue of false statements would be...
contempt.
For giving false or misleading information to the shareholders, refer to the ACCC.... see "stock market manipulation", "disseminating false information", "intentionally acting dishonestly".
For civil remedies, any impact to an individual or entity resulting from such information would presumably be actionable as a civil tort;
Misrepresentation is a tort, Bridge LJ, in
Howard Marine and Dredging Co. Ltd. v A Ogden & Sons
Negligent Misstatement is a tort,
Hedley Byrne v Heller
If (and it would be a big if....
) the masters of the SS Qantanic are telling porkies... it is not a good thing for a resume.
It won't come to pass unless those that have evidence that can substantiate that the shareholders are being given information that is less than shall we say, "complete", provide that into the public domain, or provide it to the ACCC, Senate or AFP.