| The House at the heart of Mara scandal - R Nadeswaran
| Tuesday, August 22, 2017
|Malaysiakini : COMMENT | He was a former suburban footballer who had helped manage a
jail for young offenders before starting his own window and door
company in Melbourne. Like all fathers, he doted on his son, Cooper.
During the summer break, the young man asked the father for some money
to travel for an inter-state football carnival. John Bond had nothing to
give – he was broke.
All his money had been used to supply and install windows and doors
in a downtown building in Melbourne in 2013. Having worked on the
development to almost completion, his company, Trubuilt Properties, did
not get paid. Neither did his workers and dozens of other contractors.
They were left in the lurch and the owners of the building slipped away
Bond, having to borrow from his parents to send Cooper for the
carnival in Darwin, was a bitter man after his whole business collapsed.
With other creditors, he went to the Victorian Supreme Court, and
sought the appointment of Andrew Yeo, a senior partner in Pitcher
Partners, who assigned the case to a bright young man, Odie Henzel. Infuriated at Bond’s treatment, Henzel joined the mission to unearth
the secrets of the property – Dudley House, which is now become one of
the three buildings in what is now known as the “Mara Scandal.”
Three Malaysians –Azizi Yom Ahmad, Abdul Ghani Yusof and Dennis Teen
together with Australians, Peter Mills and Chris Dimitriou, had set up a
company – Wanissa Properties – to sell Dudley House to Mara for A$17.8
million but inflate the price to A$22.5 million. Court records show that Henzel discovered an email dated March 2013
in which Mara agreed to buy Dudley House – to be used as a hostel for
Malaysian students – and a payment of “AUS$4,785,000 in the form of
introduction and consultancy fees” would be wired to a mysterious
Singapore shelf company.
Read it all here............
|posted by Major D Swami (Retired) @ 7:17 AM