Here’s some news I personally have been waiting for:
Six former top executives of wheat exporter AWB (Australian Wheat Board) have moved closer to court over their alleged roles in the $300 million Iraqi kickback scandal.
Former AWB Managing Director Andrew Lindberg and AWB group General Manager Trading Peter Geary are each charged with 10 breaches of the Corporations Act.
Former AWB Chaiman Trevor Flugge is charged with seven breaches, former general manager of International Sales and Marketing Michael Long (pictured left in Iraq in 2003) with 17, former Chief Financial Officer Paul Ingleby 16 and former General Manager of International Sales and Marketing (Middle East) Charles Stott 12.
Read the whole story By clicking Here
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Update 1 - 20th April @ 11.20am
The above civil action is being brought by the Australian Securities & Investments Commission.
Federal & State Police are also looking at proceeding with Criminal charges against the former executives.
Former Chairman Trevor Flugge (pictured in Iraq in 2003) and the above executives have applied for the court case mentioned above (a civil case) to be suspended until Victoria and Federal police have decided whether to go ahead with the criminal proceeding against the men.
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Update No1: 26th April @ 10pm
USDA has imposed a 2 -year ban on AWB as punishment for kickbacks to Saddam Hussein.
The U.S. Department of Agriculture (USDA) has announced that AWB has been barred from using USDA export promotion programs to export agricultural goods for the next two years.
In December 2006, the USDA suspended the board from using any U.S. government commodity procurements or other program such as loan-guarantees and proposed a ban. The debarment of AWB became effective this week for two years.
USDA spokesperson Keith Williams said:
“We took a careful look at the evidence, afforded AWB due process and came to a decision that it was in the best interest of the U.S government and taxpayers to debar this organization for a period of time, The administrative law judge took an independent look and affirmed that decision.”
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Tags: AWB
Hi,
It looks like the “yanks” are going to have their own way with the AWB as they no doubt bought off our major political parties by feeding the Iraqi situation to the appropriate people in ASIC.
All this after,”I suspect” the “yankee” marketeers made sure that the Aussie Wheat Board was fed the information on just how to get their wheat onto the Iraqi market.
The maggots in our society and other western societies are well practiced in just how to sabotage the business they want to take over. At the expense of others.You’ve got to believe it. All I can say is that if democratic principle does not rule, then dictatorship will.
“Stick it up ‘em, Senator Joyce”
Kevin Smith