Sometimes in life it pays not to point the finger........for there are three (3) pointing back at you. A simple glance at the number of times "Tucker" alleged certain information as though it were fact leaves one to think that his advice was without reproach and worthy of higher weighting.
For example, "Tucker alleges McIvor is desperate to recover personal losses in the Income Fund through a series of new deals and is not "a fit and proper person" to oversee the windups.
This is not "FACT" - this is a perception. A perception clouded with malintent and dishonesty as it appears to be turning out. But nonetheless, it is a perception that "Tucker" used to persuade many people, i.e., the courts, the receiver David Whyte (BDO), Worrell's, David Clout, David Kennedy, et al as to it's legitimacy.
An even more intriguing angle is the question of whether or not "Tucker" has influenced ASIC. Note that he met with ASIC on 10/10/11 - 2-days prior to being terminated as a Director of EquitiTrust (Refer court order 14 June 2017) and with the possibility of other meetings dating back to 1 July 2009.
I note in your recent writings "No Trust" #4306 refers "If ASIC does not make examples of those involved here, then ASIC and the system has failed.
ASIC is aware of what's occurred, now let's see how they respond..."
You are touching on some potentially sensitive material here and it could be partly the reason why ASIC is remaining so tight-lipped.
I was reading some material relating to the collapse of LM Investments when I became intrigued with the way the insolvency business transacts it's affairs. What took my attention in particular was an honourable insolvency "Officer of the Courts" a gentleman by the name of "Niall Coburn" (an ex senior employee of ASIC) making contact with Greg Medcraft (ASIC Chairman - the regulator) in Hong Kong raising concerns about LM Investments - https://www.google.com.au/url?sa=t&...836361&usg=AFQjCNHRD3gefaBsGtwC27-PetiH07PRRA
Now, generally speaking, this could be passed over as a couple of people having worked together in a past life just catching up; however when considered in context to what is going on in the current examinations relating to EquitiTrust, and the consistency with which certain names appear, I was compelled to look a little deeper.
Names arising in the LM Investments reports and affidavits include, Tucker & Cowen, David Clout, David Whyte, Amanda Banton, Asley Tiplady, Russell's, Piper Alderman, Justice Jackson, John Peden etal. With the same orchestra, but different theatre, I did a little research to find out a little more about "Niall Coburn."
It transpires that after leaving ASIC and FTI Consulting he represented "Ian Lazar" of EquitiTrust fame in 2014 - refer sydneyinsolvencynews.blogspot.com/2014/11/exclusive-ex-asic-investigator-and.html
Not that any of this amounts to any accusation or allegation, just worthy of noting that often "Birds of a feather, flock together." And, given that "Coburn" was working at ASIC during Tucker's dismissal and has an evident relationship of sorts with Medcraft (hence the meeting in Hong Kong), it will be interesting to see how much comes out of all the examinable evidence in the current proceedings.
The TRUTH seems to be unravelling a theme that has become all too apparent in the wake of the GFC. A theme that unfortunately raises serious questions as to the prevailing "culture" and "relationships" that exist between the "Insolvency industry," "Financial Services" and, and......
