Financial Standard Comments - ASIC publishes Medcraft travel details Documents released by the Australian Securities and Investments Commission (ASIC) show that chairman Greg Medcraft spent more than 80 days overseas on business trips last year. https://www.financialstandard.com.au/feed/latest?story=37173073 Wed, 15 Jan 2014 14:50:23 +1100 Wed, 15 Jan 2014 14:50:23 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Ross Cardillo (Ross Cardillo Financial Services) Basically So what ! ASIC does not report to any Minister (elected official) so Greg and his colleges can do what ever they like.
ASIC in my opinion is an absolutely useless organization and its officers should be made personally liable for the countless errors they make which cost the Australian public millions. If a private firm was run in a similar vein to ASIC it would be out of business before it started with directors facing jail time.

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]]> Ross Cardillo (Ross Cardillo Financial Services) Wed, 15 Jan 2014 14:50:23 +1100