John McAuliffe to be stripped of his Order of Australia

John McAuliffe to be stripped of his Order of Australia

0 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!
Evan Nickols started this petition to Shareholders

John McAuliffe was appointed as Chairman of the Board of Henry Morgan limited in March 2015.

This company original claimed to be trading positions in currencies, commodities and stocks, 

It became apparent that Henry Morgan's main business was not trading and beating global markets. Instead it was locking up capital and shuffling it between related companies.

These sorts of transactions helped double the NTA and created a perception that Henry Morgan was making trading profits that investors paid for in the form of management and performance fees.

These fees have summed to over $10 million since the fund was created.

So basically he is the chairman of a company that shuffles money around to rip off his fellow Australians.

Is this the kind of man we want holding an Order of Australia award?

 

0 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!