Tuesday 10 January 2012

Penny Wong/Corrupt Conduct on the Audit Committee

Penny Wong
Federal Finance Minister
11th January 2012
 
 
re. corrupt conduct on the Audit Committee



Dear Penny,
The Financial Management responsibility of Heads of Agenceies are set out in the Financial Management and Accountability Act 1977.

Section 46 of this Act requires the Agency Head to establish an Audit Committee.
Section 44 of this  Act also requires the Chief Executives to comply with the FMA Act, the Regulations , the Finance Ministers orders and ANY OTHER LAW.
I understand the Insolvency Trustee Service Australia and the Commonwealth Ombudsman are subject to this Act.
I will deal with the Insolvency Trustee Service Australia first.
Veronique Ingram is aware of the systemic corrupt conduct of senior staff at ITSA. These include Mathew Osbourne Principal Legal Officer, Mark Findlay Bankruptcy Regulations, Julie Padgett NSW Manager BFI Cheryl Cullen and Adam Toma National Manager Enforcement and Regulations.
Far from discouraging this behaviour Veronique Ingram has  decided  Adam Toma ishould be  on ITSA's internal Audit Committee. The Audit Committee is a requirement under the FMA Act.
This allows the systemic corruption to continue and commit fraud against the Commonwealth by deliberate breaches  of the Bankruptcy Act.

I will now deal with the Commonwealth Ombudsman.
As I have already said section 44 of the FMA Act requires Agency Heads to comply with all Australian Laws.
The Commonwealth Ombudsman was given extensive evidence of systemic corrupt conduct at ITSA. On the 11th November 2011 the Acting Commonwealth Ombudsman Alison  Larkins and Diane Merryfull Senior Assistant Ombudsman had a meeting with ITSA.
Instead of rporting this conduct to the Attorney General as required under Section 15 of the Ombudsman Act the Commonwealth Ombudsman did a deal with ITSA to cover this up.
This cannot be seen to be proper practice under the FMA Act.
Who audits the Audit Committee when Veronique Ingram is aware Adam Toma on the Audit Committee is promoting systemic corruption and assisting bankrupts who fail to comply with their responsibilities under the Bankruptcy Act??.
Also where is the Accountability of the Commonwealth Ombudsman who also cover up systemic corrupt conduct.
As finance minister, under S44 you have the powers to make thes agencies comply with the FMA Act and request you do so.
I would appreciate ackknowledgement of this and a quick response.
I also will put this letter on the internet.
Yours sincerely
 Fiona Brown

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