Thursday, 12 May 2016

Turnbull named in Panama Papers - "wasn't aware" of bla....


Turnbull's defence is that he knew nothing, wasn't aware, company didn't make money, bla this and bla that. Literally, this was a heading on ninemsn, which BTW is now nowhere to be seen on the front page., below.

*pfffft*
Prime Minister Malcolm Turnbull is named in the Panama Papers as a former director of a British Virgin Islands company set up and administered by law firm Mossack Fonseca to exploit a Siberian gold prospect. 

Mr Turnbull and former NSW Premier Neville Wran on October 29 1993 joined the board of Star Mining NL, the Australian listed company which hoped to develop a $20 billion Siberian gold mine called Sukhoi Log. 

Five weeks later, on December 3 1993, Turnbull and Wran were appointed directors of Star Mining's subsidiary in the British Virgin Islands, Star Technology Services Limited, that held the group's stake in the Sukhoi Log prospect, a joint venture called LenaGold. Financial Review  




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