Source Pravda.Ru

Australian central bank board member resigns amid furor over tax dealings

Businessman Robert Gerard has resigned from the board of Australia's central bank over a political furor involving his company's tax dealings, according to a statement released by his lawyer Friday.

"This week has been aimed at destroying my reputation and damaging the government," Gerard said in the statement. The government has been under attack in Parliament his week over Gerard's appointment to the bank's board in 2003.

Gerard, a major donor to the ruling Liberal Party, was appointed to the bank's board despite his company's involvement in a major dispute with the tax office.

He said he was only asked to guarantee that his "personal" tax affairs were in order before joining the board, and not his business affairs. But a copy of the declaration, released Thursday night by Treasurer Peter Costello, shows that a much broader disclosure of all private affairs was required, including information that could embarrass the Reserve Bank.

The opposition accused Costello of using Gerard as a scapegoat to deflect criticism that the government knew about the businessman's background when he was appointed to the board, the AP reported. Earlier Friday, Prime Minister John Howard ruled out tightening checks on prospective board members, saying that could stop many qualified people from joining. A.M.

A year after the constitutional referendum of December 4th, 2016 that saw the victory of the NAY and the blatant defeat of the government front that had proposed the referendum, it can be said with certainty that the trauma for the defeated is now past. But there is still fear in them, not so hidden either...

Italy: Free fall

On December 10, 1948 the Universal Declaration of Human Rights was adopted by the United Nations General Assembly, its thirty articles enshrining basic and fundamental rights guaranteeing dignity of the human person and equality for all, regardless of race, color, creed or gender. A pipe dream?

Human Rights Day: Let us hang our heads in shame
Comments
Putin makes first comment on Trump's Jerusalem decision
Putin makes first comment on Trump's Jerusalem decision
USA looking for reason to see nuclear weapons in action
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Putin makes first comment on Trump's Jerusalem decision
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Mikhail Saakashvili's bumpy ride in politics: From chewing his tie to climbing on rooftop
Mikhail Saakashvili's bumpy ride in politics: From chewing his tie to climbing on rooftop
European Court of Human Rights: Promoting filth and insolence
European Court of Human Rights: Promoting filth and insolence
Russian athletes announce their decision about 2018 Winter Olympic Games
Turkish President Erdogan issues ultimatum to Washington and Brussels
Gorbachev names reason behind crisis in US-Russian relations
Putin makes first comment on Trump's Jerusalem decision
Human Rights Day: Let us hang our heads in shame
Human Rights Day: Let us hang our heads in shame
Human Rights Day: Let us hang our heads in shame
Putin makes first comment on Trump's Jerusalem decision
Putin makes first comment on Trump's Jerusalem decision