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Equititrust?

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What was this gent doing for the receivers BDO ?? David Kennedy also known as the sad sack was also David Tucker’s business partner in MS Asia.

What work was he doing ?

How much money was he paid ?

How was this not a conflict of interest?

BDO feel free to answer this question on this forum if you like. David Kennedy in the early days of this thread dared to enter fray.

The silence from BDO is deafening...
 
Lot of meetings with David Kennedy by BDO.. Why ???

Was he paid for these meetings by investors ?

Asking for a friend...
 
Some of the meetings between BDO with both Tucker and Kennedy... Why the meetings with the dynamic duo behind MS Asia ?

Were Tucker and Kennedy paid for these meetings by BDO using investors funds?
 
Didn’t Tucker and Kennedy both have disqualifiable conflicts of interest ?

Seriously, how did BDO think this was going to pass the pub test. Or do receivers and lawyers live in some reverso parallel universe which conflict of interest is acceptable ?
 
So we have 3 David’s in the same room ?

David Whyte
David Tucker
David Kennedy

The last time I encountered this was in Florence...

Instead of the Philistine Goliath being slayed, in this instance the only thing being slayed was fees which Equititrust Investors have to stump up for.

It’s clear from the Hall Chadwick litigation against both Tucker and Kennedy for $17.5M that there were disqualifiable conflicts of interests.

The question everyone has of BDO, is when did they FIND out about Tucker and Kennedy’s MS ASIA Deal ?

When they found out, what did they DO about it ?

Did they report it to the Liquidators Hall Chadwick ? Which would seem logical and ethical...

Did they report the deal to the regulator ASIC ?

Did they report it to the Legal Services Commission ?

Did they report it to the QLD Law Society ?

Or did BDO do nothing ?

 
IS TUCKER AND COWAN STILL UNDERTAKING LEGAL WORK FOR BDO ???

The descriptions in the time sheets have mysteriously gone from specifying which law firm was doing work to just “our solicitors” why ?

As a court appointed receivership shouldn’t there be transparency ?

Why won’t BDO explain to investors in the next report or preferably earlier what amount of money was paid to Tucker & Cowan in legal fees and given the MS Asia revelations and litigation are Tucker & Cowan still doing work for the receiver.

Why are BDO so silent on this issue ?
 
Cat appears to have caught the tongue of many...

Speechless, silent, deers in the headlights maybe ?
 
So many that sucked on the poisonous golden teat of Equititrust are now finding their complicity hard to explain...

Fingerprints in the form of digital DNA can be ruinous to those who sold their souls for a quick buck...
 
Hi all
I have read this forum since the beginning and would like to thank all who have contributed, especially NO TRUST. The people that I thought were there to help us have been helping themselves evidently. ASIC put BDO as receivers in LM s wind up, and Equititrust, lots of the same faces in both entities. Interesting to see who's representing the respondant and the applicants in this case.
Regards all

allhttp://www.austlii.edu.au/cgi-bin/viewdoc/au/cases/qld/QSC//2017/230.html
No Trust said:
2018

QUESTION for BDO - Is Tucker & Cowan doing further legal work for BDO on any matter ?

View attachment 94217

http://www.equititrust.com.au/Pdfs/Receiver/Remuneration/2018-11/Affidavit of David Whyte (Vol 2 of 2) - sealed 30.11.18.pdf
Click to expand...
 
Thanks “Wet a Line” you are on to something here..

BDO are using Tucker & Cowan as late as October 2017.

Of course they were doling out work to Tucker in the Equititrust receivership, it’s all through the Accounts. Question for David Whyte, are you using Tucker & Cowan currently for any matters related to Equititrust ?





 
BDO who was meant to be helping Equititrust investors were working with the enemy... FFS the disqualifiable conflicts of interest that Tucker & Cowan were no impediment for BDO doling out work to mates...

Then when caught out BDO says the accusations are baseless and accusatory...

This is a joke
 
This is not the first time that this thread has been attacked for revealing the truth, those exposed didn’t like it all... Few years down the track look where they are now.

 
Equititrust’s Accounts on this website were taken down by the Administrators...

Founder and CEO banned for life, former CEO and company lawyer being sued for $17.5 blah blah we all know the rest...
 
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