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High Court Case Decision - Help Required

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Help required....

Does anyone have a copy of the High Court Case decision that Denise refers
to in her proforma letters that is about maladministration, unconscionable
conduct, imprudent lending and asset lending regarding the new NCCP and ASIC

If not does anyone know the title of the case so that I can obtain a
copy and get across the case. Much appreciated.

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  • doyla66
    doyla66 Friday, 16 November 2012

    .....put on a big pot of coffee....

    Permanent Trustee Company Limited v Gillian O'Donnell Permanent Trustee Company Limited v Di Benedetto Tonto Home Loans Australia Pty Ltd v Tavares [2009] NSWSC 902 (4 September 2009)

    Tonto Home Loans Australia Pty Ltd v Tavares; FirstMac Ltd v Di Benedetto; FirstMac Ltd v O'Donnell [2011] NSWCA 389 (21 December 2011)

    Tonto Home Loans Australia Pty Ltd v Tavares; FirstMac Ltd v Di Benedetto; FirstMac Ltd v O'Donnell (No 2) [2012] NSWCA 129 (9 May 2012)

  • doyla66
    doyla66 Friday, 16 November 2012

    Thanks Yoda, pretty sure I'll need more than a BIG POT OF COFFEE though;)

  • doyla66
    doyla66 Friday, 16 November 2012

    I wonder if it would be easier to get the sense of the cases if they were read and acted out?

  • doyla66
    doyla66 Saturday, 17 November 2012

    As far as I am concerned you will never get the true story,even if you read the whole transcript, because it was never presented in court,as a simple case of possession, and the evidence that I have just uncovered this year proves beyond doubt that the non-bank lender involved in all theses cases committed the biggest fraud of all.
    and got away with it.We will be paying for the next 20 years because of ASIC's agenda of proving that STREETWISE committed the fraud and not the bank.
    How can anyone really draw any conclusions from something that is not presented in it's entirety,truth,honesty and justice.Not in this country there are just too many over paid fat cats that wouldn't know how to tell the truth if they tried,and plenty of others who will cover it up because they don't want to lose their big fat pay cheques.
    If you really want to know the truth call me.Denise has my number would be only too happy to fill in the blanks

  • Denise
    Denise Saturday, 17 November 2012

    Firstly Maz, the truth is the High Court case was launched years before the NCCP laws were introduced. The cases involved evidence of Loan Application Fraud....yet question remained by whom: Bank or Broker????? Quite simply, no-one knew of the BDM's and the service calculators involved at that time which would have shown the skull duggery occurred inside Firstmac. The Brokers (whom I spoke to), admitted they had placed the fatal income figures on the LAFs as instructed by bank officers who visited the office. There were several brokers involved. Yes one was eventually chased by ASIC and went to jail, but that was due to the evidence of him having received the investment funds and spent those monies on non related items such as fast cars etc. He is still in jail as a result of a separate criminal case. There was even a particular Streetwise letter signed by the head of the Lender and posted directly to the borrower!!!! Had the case been heard post 2011, we had discovered the advent of the Bank's involvement re the serviceability racketeering.
    Yes the bank had a lucky escape in terms of criminal charges.....but there are plenty more complaints on the way in to BFCSA. Who knows where it will all end. Big question is: How did a private non bank lender become the first non ADI to receive the Government bailout? That question hangs over the entire mess with a distinctly pungent odour. Hence the critical need for a ROYAL COMMISSION into the Banking Sector. Now the new NCCP laws place the onus of checking details with the how will the Broker know if the details are magically altered after they are FAXED TO THE BANK!!!!!!
    ASIC's has been told by Government to only look at the Broker and hand out an $11,000 fine and not investigate the Banks. ASIC now admits it cannot investigate the NON BANK LENDERS.
    Honesty is right: How can anyone really draw any conclusions from something that is not presented in it's entirety,truth,honesty and justice? Not in this country!
    When Government covers-up the TRUTH about the Banking Sector, its time for all us natives to become extremely restless........its a given. [email protected]
    TO THE ROYAL COMMISSIONER: Please start with FIRSTMAC.....................

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