Thursday, February 25, 2021

Weakening Top Group share price a fitting epitaph to Nick Saunders last day as Chief Commissioner , TESQA-Saunders leaves behind much that TEQSA CEO Alistair McClean must not ignore

 by Ganesh Sahathevan 



Nicholas Saunders TEQSA Chief Commissioner

Professor Nick Saunders AO (Chief Commissioner)
Australia's education sector putting money ahead of standards :



Today is the last day on the job for TEQSA Chief Commissioner Nick Saunders. Emeritus Professor Peter Coaldrake AO takes over on 1 March 2021. 


Saunders departure coincides with a further weakening in Zhu Minshen's Top Education Group Ltd's share price.  The approvals Saunders and the NSW LPAB granted Zhu enabled him to list Top Education on the HKSE. Saunders and his counterpart at the NSW LPAB, Tom Bathurst (the Chief Justice NSW) renewed all approvals even after Top's share price collapsed immediately after the the IPO and listing. 




It is the duty of the recently appointed TEQSA CEO,  Alistair McClean, to accurately document the reasons that have led to all of the above, and more. Much of  it is now a matter of public record. The rest is contained in TEQSA's records, including Saunders' email correspondence with this writer. 




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Note also that this has come about as a result of TEQSA attempting to cover-up complaints against the College Of Law Sydney

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