Turnbulls corruption

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Turnbulls corruption

Postby johnsmith » 08 Aug 2018, 08:39

Great Barrier Reef Foundation board director steps down following criminal charges

The Great Barrier Reef Foundation (GBRF) has confirmed one of its board directors will step down as he faces criminal charges for cartel conduct.

Stephen Roberts, an investment banker and GBRF board director, has been charged by the Australian Competition and Consumer Commission (ACCC) for allegedly playing a part of a criminal cartel during a $2.5 billion deal.

ACCC Chairman, Rod Sims, said: “These serious charges are the result of an ACCC investigation that has been running for more than two years.”

The charges, which included other banking chief executives and senior staff, were laid by the Commonwealth Director of Public Prosecutions and will be determined in court.

Roberts was Citigroup’s former country head and has been a director of the GBRF since 2015, the same year the offences were alleged to have happened.

This comes as the GBRF is already linked to the negative news after it received a controversial $444 million grant by the Turnbull government. The funding, made from taxpayer’s money, was given in a bid to protect Australia’s Great Barrier Reef.

However, the government did not go through the appropriate competitive process. Labor and Greens recently questioned the reasons behind it and have called for an investigation.

Labor Senator, Anthony Chisholm, had demanded accountability from government officials during Senate estimate hearings this month, saying: “You’ve forked out $450 million to this group that have 10 staff.”

The Opposition questioned why the funds were allocated to GBRF rather than the Great Barrier Reef Marine Park Authority or the Australian Institute of Marine Science.

In a recent estimates hearing, Labor Senator, Kristine Keneally, said: “I am trying to understand how the greatest single contribution from the government to the Great Barrier Reef in Australian history went to one foundation without a tender process.

“Without advertising, without a competitive process and, it would seem, without an invitation from the government to the foundation to apply.”

The Turnbull government said during the same estimates hearing that they recognised there would be risks and challenges for the small foundation to handle the single greatest donation to the Great Barrier Reef, but concluded they would go ahead.

“The government took assurance that, while the scale of the investment was beyond what the foundation was managing now, it would be able to step up.”

The Department continued to justify the grant, explaining that the people on the board had extensive experience in the corporate and philanthropic sectors, and they were, “Reasonably confident in their capacity to oversee the operations of the foundation.”

The Great Barrier Reef Foundation has since removed any reference to Roberts on their website as Environment Minister, Josh Frydenberg, continues to support the grant.

“The foundation has a strong board with a cross-section of eminent individual’s form the academic, business and scientific community and we look forward to working with them as we continue to roll out our record new $500 million investment in the conservation and preservation of the Great Barrier Reef.”



https://thirdsector.com.au/great-barrier-reef-foundation-board-director-steps-down-following-criminal-charges/



Everything about this grant stinks. Turnbull is handing money to his corrupt mates. I hope once labor wins govt. they pursue this and prosecute any corrupt activity
FD.
I hope that bitch who was running their brothels for them gets raped with a cactus.
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Re: Turnbulls corruption

Postby HBS Guy » 08 Aug 2018, 09:13

There was also $30m just given to Fox. We have a corrupt government and yes, this corruption started at the head!

The Labor government MUST root it out, prosecute then hit the Libs over the head with it for the next 20 years!
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Re: Turnbulls corruption

Postby mothra » 08 Aug 2018, 13:07

HBS Guy wrote:There was also $30m just given to Fox. We have a corrupt government and yes, this corruption started at the head!

The Labor government MUST root it out, prosecute then hit the Libs over the head with it for the next 20 years!


Closer to 900m wasn't it?
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Re: Turnbulls corruption

Postby HBS Guy » 08 Aug 2018, 17:02

$30m given to Fox (should have gone to the ABC, of course!)
$440m to a bunch of fossil fuel bosses “to protect the reef”
Then $190m for something or other.
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Re: Turnbulls corruption

Postby Bongalong » 08 Aug 2018, 19:02

mothra wrote:
HBS Guy wrote:There was also $30m just given to Fox. We have a corrupt government and yes, this corruption started at the head!

The Labor government MUST root it out, prosecute then hit the Libs over the head with it for the next 20 years!


Closer to 900m wasn't it?

Are you talking close to the billion dollar mark seriously?
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Re: Turnbulls corruption

Postby mothra » 08 Aug 2018, 20:47

HBS Guy wrote:$30m given to Fox (should have gone to the ABC, of course!)
$440m to a bunch of fossil fuel bosses “to protect the reef”
Then $190m for something or other.



Ah. I thought you were talking about this:

Rupert Murdoch's empire receives $882m tax rebate from Australia
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Re: Turnbulls corruption

Postby HBS Guy » 08 Aug 2018, 21:42

Yeah, that was a while ago.
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Re: Turnbulls corruption

Postby HBS Guy » 14 Aug 2018, 20:20

Senator Mcallister @jennymcallister 5h5 hours ago More

Cormann : “I don’t know why the Labor party’s so obsessed with the $444m grant...” #qt #smallchange


Defies belief!
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