Did you get that info direct from the horses mouth?
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I see that Sen Dastyari is in trouble and has been forced to resign key Senate posts. There goes his credibility in opposing the Inquiry.
I'm sure we have all hear and read it before....but by me reading and typing it, I can cope and control my anger a little better each day.
It never ends, a $500,000 loan provided in 2012 by a related party was forgiven.
In 2013 the MRRU received a loan of $5,500,000 - ultimately forgiven
In 2014 the MRRU received a loan of $8,750,000 - ultimately forgiven
Then
In 2013 the MRRU provided services to the ARU $3,700,000
In 2014 the MRRU provided services to the ARU $5,986,404
To me, a taxable entity (MRRU) was providing services in 2013/14, to the not for profit organisation (ARU) for $9,686,404.
I think this was just smoke and mirror's accounting to reduce the overall taxable income of the MRRU to AVOID paying TAX to the ATO.
Just my Thursday morning conspiracy theory.
Submission number 13 now has an attachment that I have just opened. It is the RA minutes from a meeting that was held in August 2016.
https://www.aph.gov.au/Parliamentary...on/Submissions
Getting juicy already in the meeting in August 2016 Rob Clarke and Head of Professional Rugby Anthony French carried the recommendation that there will be a reduction from 5 to 4 teams.
That French report is the biggest load of crap. Specifically targeting the Brumbies and Force with the Reds getting a mention for their debt facility. No mention of the bottomless pit that is the Rebels.
And the alliance agreement was signed on....26th?