RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Corrupt ex-OZschwitz health minister begged to be spared any penalty because of his ''vast'' and ''profound'' contributions to public life Sun Jul 27, 2014 8:18 pm | |
| Liberal Party powerbroker Peter Clarke has admitted giving untrue evidence under oath during a lawsuit that found he and others who controlled $500 million retirement village flop Prime Trust breached their duties, a court has heard.
As Mr Clarke and other directors of the company that ran Prime Trust prepared to face the Federal Court on Monday, it also emerged the Australian Securities and Investments Commission wants the group's founder, Bill Lewski, banned for life from running a company.
In other submissions to the court by directors of Prime Trust's responsible entity, Australian Property Custodian Holdings, Howard-era health minister Michael Wooldridge begged to be spared any penalty because of his ''vast'' and ''profound'' contributions to public life and the company boards on which he has served.
Mr Lewski, who received a $33 million fee at the centre of the Federal Court case, told the court his was ''a serious but not worst-case contravention''.
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