surely any of these so called alleged dubious practices by TGA management would have been passed by their own accounting and legal team well before implementation.
so basically it can only mean one of two things - the advice they received was not correct or they chose to ignore the advice, as the possible rewards to TGA management , far outweigh the risk of being held to account for regulatory breaches.
ps- this is more than just a slap on the wrist scenario with a fine. what we have here is a possibility of a custodial sentence.
if it gets to that stage, then TGA would become insolvent and other prominent players in the field like Cash Converters would skyrocket.
cheers crazypunter
TGA Price at posting:
$1.29 Sentiment: None Disclosure: Not Held