Wednesday 9 January 2013

ASIC Raids Moylan's Campsite


Meanwhile, over at the ABC's online website - they report on the Australian Securities & Investments Commisiion's involvement today.  However, there seems to be an absence of any mention of the "involvement" of the Greens Senators Rhiannon and Milne's public support of the criminal actions of Jonathan Moylan.  I wonder why that is?  Some facts reported.  Others concealed.  Our ABC - fair, balanced and unbiased reporting yet again!
..................................................................

ASIC raids Whitehaven hoaxer's campsite
Updated 1 hour 15 minutes ago

The man at the centre of the Whitehaven coal hoax says the corporate regulator has raided his camp in northern New South Wales and taken his phone and computer.

Jonathan Moylan, from Frontline Action Coal, issued a fake ANZ media release claiming the bank had pulled a $1.2 billion loan from Whitehaven's Maules Creek project on environmental grounds.

The Australian Securities and Investments Commission is considering legal action after $314 million was temporarily wiped from the value of the company.

Many investors lost up to 9 per cent of the value of their shares by selling on media reports based on the fake release, before the share price recovered after Whitehaven and ANZ confirmed the release was a hoax.

Mr Moylan says ASIC raided his camp at the Maules Creek coal project near Boggabri in northern New South Wales.

"ASIC did turn up at the camp and, unfortunately I don't know exactly how much I'm allowed to say about that because there are offences for revealing details of an ASIC investigation, but I can say I've been required to attend questioning and they've seized my phone and computer," he told Radio National Breakfast.

The 24 year old environment activist says he is more concerned about the environmental impact on the local community than his own welfare.

"There may be very, very serious consequences for me that's going to affect only me," he said.

"The real on the ground impact going to be felt by the local community here is much more at the top of my mind.

"These projects are continuing to be approved and generating the biggest crisis that humanity faces."

http://www.abc.net.au/news/2013-01-09/asic-raids-whitehaven-hoaxers-campsite/4457698

No comments:

Post a Comment