HIH Founder Ray Williams walks free

... Williams is expected to be picked up by his wife, Rita, and driven to her $4 million luxury home in Seaforth on Sydney's lower north shore

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trinity said:

http://www.theaustralian.news.com.au/story/0,25197,23047675-601,00.html



He still has millions in assets but cannot be touched because he transferred them all to his wife ... while others continue to suffer.

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He returned to suburban Seaforth, on Sydney's north shore, where his family owns several houses.

A nearby resident who identified himself only as John spoke briefly with reporters as they were waiting outside one of the properties.

"People lost their homes, my parents lost money, and he's got money squirrelled away everywhere and it makes me sick,'' John told reporters.

"If you have a look in the driveway he's got a lovely Ferrari in the garage,'' John said.

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