eBay

lloydslights · ‎21-03-2014

.......for the likes of Obeid and his ilk to instigate the proposals for buying property in coal bearing areas or Australian Water. It can't all be their own spare cash.

Do banks lend on these "ideas" ? In which case, loans have to be repaid (with interest).

Or are innocent people invited to "get rich" by buying "off the plan" shares in the proposals with already approved funding by bank loans as well?

Wouldn't the banks investigate the proposals in order for repayments to be assured?

The amount of monetary backing must be phenomenal.

I just can't get my ahead around how they can do it.

DEB

izabsmiling · ‎21-03-2014

@lakeland27 wrote:
this is a good case for state ownership, the sale of public assetts seems to corrupt politicians of both colours (apart from green of course)
as it brings them into contact with the business world which is always corrupt.

I agree...the possibility of independent State by State regulations (or lack of) on some things (ie;environmenl protection )worry me though .

spotweldersfriend · ‎21-03-2014

Senator'Sgt.Schultz'Sinodinos does have a certain ring to it though.:)

izabsmiling · ‎21-03-2014

GVK seeks Rs. 180-crore refund for surrender of gas blocks

Press Trust of India | Updated On: March 13, 2014

The company may also take a legal recourse if the government does not heed to the claim, the official said.

"There is a minimum work program (with regards to development of these blocks). The expenditure associated with this program was Rs.180 crore. We will fight for it," GVK Group CFO Issac George told reporters on the sidelines of India Aviation-2014 in Hyderabad.

"Because it is not my mistake. When you (the Government) have given me the blocks, it should be unencumbered also. All of a sudden the Defence Ministry does not allow me to enter into this area... It's not my job," he said.

"We will have to file a civil suit if the Government does not agree in whatever we ask. We are talking to them... dialogue has to continue. I am sure that with dialogue we will solve this problem."

http://profit.ndtv.com/news/corporates/article-gvk-seeks-rs-180-crore-refund-for-surrender-of-gas-bl...

Here's to the cost of Trade Agreements without removal of our tape ...