Investigate Magazine has investigated (for lack of a better word) the Attorney-General, the Hon. David Parker and alleges that he has filed false declarations to the Companies Office over a number of years, the most recent during last year.
They all relate to a company that he owns a third of. Under the Companies Act 1993, the directors must appoint an auditor of the company's affairs every year, unless a unanimous resolution of all shareholders states that no auditor will be appointed. Any such resolution must be signed by all shareholders and kept in the company's minutes book.
However, one of the shareholders, Russell Hyslop (who also owns a third of the company), has stated that he has had no business dealings with David Parker since 1997, and has never been asked to vote on a unanimous resolution waiving his right to the company audit. David Parker has filed returns stating that this has happened.
It is an offense under the Companies Act 1993 to file a false declaration, and is punishable by up to 5 years in prison, or a $200,000 fine. If David Parker will charged and found guilty, his seat would become vacant and so would no longer a Minister or an MP.
However, I suspect that the result will be the same as normal. The police will find a prima facie case against him, but decide that it is not in the public interest to prosecute.
Hat Tip: David Farrar187013
They all relate to a company that he owns a third of. Under the Companies Act 1993, the directors must appoint an auditor of the company's affairs every year, unless a unanimous resolution of all shareholders states that no auditor will be appointed. Any such resolution must be signed by all shareholders and kept in the company's minutes book.
However, one of the shareholders, Russell Hyslop (who also owns a third of the company), has stated that he has had no business dealings with David Parker since 1997, and has never been asked to vote on a unanimous resolution waiving his right to the company audit. David Parker has filed returns stating that this has happened.
It is an offense under the Companies Act 1993 to file a false declaration, and is punishable by up to 5 years in prison, or a $200,000 fine. If David Parker will charged and found guilty, his seat would become vacant and so would no longer a Minister or an MP.
However, I suspect that the result will be the same as normal. The police will find a prima facie case against him, but decide that it is not in the public interest to prosecute.
Hat Tip: David Farrar187013
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