Wednesday, December 6, 2023

Top Education Group payment to Sam Dastyari has the appearance of a money laundering starburst- A matter for Paul Brereton and his NACC , who seem averse to anything to do with Top Education Group, given the implications for former colleagues at the NSW LPAB

 by Ganesh Sahathevan 





The NSW Legal Profession Admission Board wants the public to believe that it had no knowledge of
the scandal surrounding Zhu Minshen, despite its ability to conduct deep, extensive Internet searches



It may have been seven years ago, but the story of former Commonweakth Senator Sam Dastyari has not been forgotten:


In 2016 the SMH and others reported: 


Prominent Labor senator Sam Dastyari asked a Chinese donor with deep connections to the communist government to pay his bill after exceeding taxpayer-funded travel entitlements.

The payment, revealed on Senator Dastyari's register of interests, means Chinese interests have effectively subsidised the work of the Australian Parliament. 

A Department of Finance invoice issued on April 8, 2015, shows Senator Dastyari blew his travel budget by $1,670.82. Senator Dastyari forwarded the bill to the Top Education Institute, who later paid it in full.

Little if any attention has been paid to the relatively miniscule amount involved. However, these are the types of sums observed in starburst operations, where money launderers and others concerned with concealing their transactions break large amounts of money into much smaller packages in order to conceal their transactions. 

Top Education Group and its deceased founder,  shareholder and chairman Zhu Minshen, who had strong links to the Communist Party China, has never been investigated for the above and other transactions despite the evidence. These are matters for  for Paul Brereton and his NACC , who seem  averse to anything to do with Top Education Group, given the implications for Brereton's  former colleagues at the NSW LPAB.


TO BE READ WITH 


Monday, October 30, 2023

Sydney City School Of Law parent Top Group's share price and market cap has crashed to a new record low, down 93% since listing in 2018 - NSW LPAB's attempts to ignore,conceal and disclaim liability untenable-left to Andrew Bell to address matters that Tom Bathurst created and attempted to ignore, matters that should be referred to former colleague Paul Brereton at the NACC

 by Ganesh Sahathevan 


On Thursday 25 October 2023   The Sydney City School Of Law's parent company's share price and market capitalisation crashed to a new low of HK0.042, 93% below the 2018  IPO high of approximately HK 0.90. It remains at that price,at the time of writing.

The IPO was made possible by the NSW LPAB's approvals, and was clearly a case of license trading, and a Hong Stock Exchange pump and dump. It was made possible by the NSW LPAB's first and only approval granted a non-university and private company to award Australian LLB degrees.

The NSW LPAB has  attempted to ignore,conceal and disclaim liability  but that has been made untenable by Top Group's crashing share price, and suspension of enrolments at its law school between 2019 and early 2023. 

The Sydney City School Of Law-Top Group debacle came into being under the chairmanship of the previous NSW Supreme Court Chief Justice, Tom Bathurst. It is now left to his successor Andrew Bell to address the matter. It is clearly a matter for the  National Anti Corruption Commission, headed by former NSW Supreme Court Justice Paul Brereton.

The Sydney City School Of Law and Top Group matter comes within the NACC's jurisdiction for it also includes TEQSA.In addition, the NSW LPAB and TEQSA's approvals provided Top Group allow that company to rely on tax payer funded FEE HELP to finance part of its operations.


The NSW LPAB and TEQSA's misconduct in the matter of Top Group is not unlike their misconduct in the matter of the College Of Law Ltd. 




TO BE READ WITH 

Tuesday, August 1, 2023

Despite the Top Group , Sydney City School Of Law license trading, pump and dump scandal engulfing even the PwC scandal , Paul Brereton's NACC seems unconcerned

 

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