Senate debates

Tuesday, 8 November 2016

Questions without Notice

Day, Mr Bob, AO

1:59 pm

Photo of Katy GallagherKaty Gallagher (ACT, Australian Labor Party) Share this | Hansard source

My question is to the Minister for Finance, Senator Cormann. My question relates to matters not covered by his so-called very comprehensive statement to the Senate yesterday. I refer to ASIC reports that show the director, secretary and sole shareholder of Fullarton Investments Pty Ltd, both at the time the 77 Fullarton Road property was transferred to it from Bob Day's company and when the Commonwealth entered into a lease at the property, was Debra Kim Smith, the wife of former Senator Day's long-term business partner. Given that the connection between former Senator Day and Fullarton Investments could have been ascertained by a basic ASIC search, isn't it clear the government failed to do even the most basic of due diligence?

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