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Old 6th Mar 2012, 00:23
  #30 (permalink)  
Frank Arouet
 
Join Date: Feb 2009
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Our Treasurer should have a working knowledge of The Corporations Act 2001 which states with no ambiguity that a director of a company under their jurisdiction owes his/ or her duty of care to the shareholder members and that those members "are" the company.

If Forrest were to do otherwise he would be in breach of that Act and ASIC would then have the reason they have been looking for to prosecute him.

Either Swan is ignorant of the Corporations law and the fiduciary duties of Forrest, (he is supposed to be the Treasurer who should know these things), or he is aware of it and is telling lies to the Nation once again.

How did he think he could get away with this?

He is not acting in "the Nation's interest" but treating the Nation with contempt.

He makes me sick!
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