Bob Katter (Kennedy, Katter's Australian Party) Share this | Link to this | Hansard source

() (): Aussie Frozen Fruit's non-payment to creditors was referred to the relevant minister. Non-payment to Blenners Transport and to others was submitted on 12 June this year. Despite following up this correspondence, we have had little information on the progress of ASIC investigations. As such, it was determined that when parliament resumed on 31 July, we submit a question on notice to the minister responsible for ASIC. Today we submit the following question on notice to Minister Jones: Is there any purpose in having ASIC? The Innisfail mill, worth $200 million, was sold out from under the shareholders—the farmers—for $2 million. ASIC repeatedly did nothing, under enormous pressure from Treasurer Joe Hockey. I was in his room when he got very, very angry with them. I was in Wayne Swan's room when he got very, very angry over the same thing. They had the issue. They knew that it should be investigated, and their public servants did absolutely nothing. I'm calling today for legal action against the public servants. Because these people lost $23 million in the case of— (Time expired)