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In todays AFR: http://www.afr.com/p/national/asic_lawyer_warns_cuts_will_backfire_EgVNUUAfLfmv3CJn3nmXLN
ASIC lawyer warns cuts will backfire
ASIC has been savaged by one of its own lawyers for slashing staff in a key investigative unit just as it sees a big rise in cases that need action.
I ask what were they doing before the slashing staff reduction?
Creek St rings a bell, Creek Street Holdings Pty Ltd HMNN??
I am on a crappy airport computer will do some further research during the next few days. I wonder how many of these big companies like PWC have previously felt compelled to dodge unfavourable reports to the big end of town with the possibility of losing business as a result? I think there could be a shift in the equation, is it possible that supporting the previous big end of town is now causing embarassment to reputable some bussineses ??
Thanks Seamisty. Creek St is in Brisbane's financial district. So there are plenty of companies calling it home.
So the Wellington charade appears to be resorting to forum shopping for a friendly Auditor. Shop around for an auditor with a lesser reputation to protect? This is heading in the direction of the sort of thing that Madoff did http://seattletimes.nwsource.com/html/businesstechnology/2008533585_madoff18.html
Tutt tutt. Now we're getting spelling/grammar mistakes in announcements: "The have a high level of Partner involvement, allowing clients direct access to their Partner’s knowledge and depth of experience." Sloppy sloppy sloppy.
Interesting.Thanks Seamisty. Creek St is in Brisbane's financial district. So there are plenty of companies calling it home.
So the Wellington charade appears to be resorting to forum shopping for a friendly Auditor. Shop around for an auditor with a lesser reputation to protect? This is heading in the direction of the sort of thing that Madoff did http://seattletimes.nwsource.com/html/businesstechnology/2008533585_madoff18.html
Tutt tutt. Now we're getting spelling/grammar mistakes in announcements: "The have a high level of Partner involvement, allowing clients direct access to their Partner’s knowledge and depth of experience." Sloppy sloppy sloppy.
Interesting.
Name : CREEK STREET HOLDINGS PTY LTD 026219759
Name Start: 22/12/2010
Status : Registered
Type : AUSTRALIAN PROPRIETARY COMPANY
Class : LIMITED BY SHARES
Subclass : PROPRIETARY COMPANY
Principal Place of Business
LEVEL 22 307 QUEEN STREET BRISBANE QLD 4000
Start Date: 22/12/2010
Directors
RACHEL CLAIRE WEEKS
Secretary
RACHEL CLAIRE WEEKS
Class: ORD 026219759
ORDINARY SHARES
Number of Shares/Interests Issued : 100
Total Amount (if any) Paid / Taken to be Paid: 100.00
Total Amount Due and Payable : 0.00
Members
Class : ORD No. Held: 100 026219759
Beneficially Held: NO Paid : FULLY
114 248 458 WELLINGTON CAPITAL LIMITED
GPO BOX 694 BRISBANE QLD 4001
ABN (Australian Business Number) 45 114 248 458
I wonder if by any chance Creek St Holdings Pty Ltd ever held placement/ordinary units in the PIF?
Maybe a PIF unitholder could check, I understand PIF unitholders have the right to inspect the PIF unitholder register held by Wellington Capital Pty Ltd of the same address as Creek St Holdings Pty Ltd!!!
...
Directors
RACHEL CLAIRE WEEKS
Secretary
RACHEL CLAIRE WEEKS...
the PIF unitholder register held by Wellington Capital Pty Ltd of the same address as Creek St Holdings Pty Ltd!!!
Now if CREEK STREET HOLDINGS PTY LTD 026219759 which is beneficially owned by Wellington Capital Pty Ltd at some stage (if not now) holds/held PIF shares well this amounts to a contravention of the PIF Constitution and the Corporations Act? Correct?
Thanks JohnH, I am back from a quick trip away.OK Bon voyage (wherever that might be) JH
"Where are they Now"
Are you familiar with facebook!!
You can search for friends, I was able to type in Michael King and his profile photo which is unmistakable, (polo horses) came up.
He has 277 friends to date, I have spotted a Craig White in his friends list, would this be the same Craig White from MFS days.
I was wondering if Michael King might like to add us PIF Investors to his friends list, mmm!!!
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