Log In | Subscribe | | |

ChiefOfficers.Net

In the dying days of the parliament dominated by Malaysia's now disgraced prime minister Najib Razak and those close to him the government passed its Anti-Fake News Act 2018. Its stated aims were sensible but in a country where the government had regularly arrested and held without trial those who expressed opinions contrary to those of or critical of the government and the ruling United Malay National Organisation (UMNO), its true purpose was widely regarded as a tool to further suppress legitimate dissent. Its repeal was an election promise that has been kept.

CoNet Section: 

So, it's simple: you attach an electronic signature to an electronic document and off it wings by e-mail. Job done, right? Apparently "some businesses are still unsure if electronic signatures would satisfy legal requirements," says The Law Commission. But instead of just saying "of course, in the absence of fraud or some other frustrating or negating matter, that's a validly executed document" the Law Commission has produced "proposals." So, not simple at all, then.

CoNet Section: 

Stuart Dickson Produce Pty Ltd is a Sydney fruit and vegetable wholesaler. The company has been issued with an AUD10,500 penalty notice for buying produce from growers without a written "Horticulture Produce Agreement" (inevitably known as an HPA) in place. But, while the notice has been announced, the ACCC which issued and publicised it, doesn't stand behind it with any great force.

CoNet Section: 

When the USA passes laws relating to offshore income and assets, it's big news and around the world US citizens and those providing services to them get into something of a flap. But when the UK introduced, in November last year, a requirement for "anyone who has undeclared UK tax liabilities that involved offshore matters or transfers to disclose the relevant information about this non-compliance" there was barely a ripple. There should have been a storm because penalties are potentially devastating.

CoNet Section: 

Shell UK has been fined by the Aberdeen Sheriff's Court. The prosecution was brought by the UK's Health and Safety Executive after a technician was struck by a cylinder and left severely injured on the Brent Delta offshore platform.

CoNet Section: 

The Australian Competition and Consumer Commission (ACCC) has issued civil proceedings in the Federal Court alleging that biotech company Landmark Operations Limited, which trades as "Seednet." The ACCC alleges that Seednet made "false, misleading and deceptive claims in a fact sheet" relating to a variety of barley, known as "Compass," developed by Adelaide University and marketed and distributed by Seednet.

CoNet Section: 

On 5th July 2018, a UK company, Gin Festival Limited, went into administration and its website www.ginfestival.com was taken down .. So, what's this, then...?

CoNet Section: 

In late 2017, the Australian Transport Safety Bureau released its "final" report into the disappearance of Malaysia Airlines flight MH370. It was clear that the ATSB considered the issue unresolved but closed. A private enterprise search, with a contingency fee, subsequently ran for several weeks but turned up no further information. In the past few days, Malaysia's Safety Inspection Team 13 operating under the auspices of Malaysia's Ministry of Transport published what is called it's final report - but the transport minister says that, while searches have concluded and semi-final conclusions reached from the evidence gathered over...

CoNet Section: 

The last of the Formula One team backed by entrepreneurs with connections to airlines has announced that it has entered administration. Virgin sold out, Team Lotus/Caterham (backed by AirAsia's Tony Fernandez) went into liquidation and now Force India, backed by Vijay Mallya has had the late Friday knock on the doors after creditors appointed administrators. The only surprise is that it's taken so long.

CoNet Section: 

There's history: Malaysia Airlines's fleet used to be almost entirely Boeing. Because there were almost no components common to more than one Boeing model, stocks of parts were enormous and that translated to vast amounts of capital tied up in warehouses. AirAsia, however, like many low-cost airlines, capitalised on the fact that there are many common parts across the Airbus A300 series which means that stock costs (and the space to keep them) can be significantly smaller. Malaysia Airlines began to restructure its fleet. Then, at the height of the 1MDB scandal, the government-linked flag carrier announced it was going to buy Boeing...

CoNet Section: 

Pages

 


 

hahagotcha