Legislative Assembly Committee drops a bucket on the Government over Rhodium

johnboy 22 August 2008 30

The Legislative Assembly’s Public Accounts Committee has finished it’s inquiry into the miserable waste of taxpayers money that has been the Rhodium debacle.

From the committee’s media release:

    The unfortunate events at Rhodium Asset Solutions Ltd do not reflect well on any of the participants. Management, led by the former CEO, engaged in ill-advised spending, treated company assets and business as personal benefits and failed to establish policies and practices of even a basic acceptable standard. The Board failed in its duty to supervise management and did not place any priority on addressing key areas where they were aware of weaknesses. The shareholders, while not directly responsible for the day to day failures and questionable behaviour at Rhodium, failed to establish and communicate its expectations to the company.

Chief Minister Stanhope is furious in response and putting on his angry voice to declare everyone else to be wrong:

    The Greens and Liberals were today exposed for abusing the Assembly committee processes in making an unfounded and indefensible attack on the Government, Chief Minister Jon Stanhope said today.

    Mr Stanhope said he had obtained legal advice from the ACT Government Solicitor, Mr Peter Garrisson, which utterly demolished the politically-motivated allegations made by the Standing Committee on Public Accounts against him and the Deputy Chief Minister, in a report on Rhodium Asset Solutions.

We’ve already seen that the ACT Government Solicitor says pretty much whatever Mr Stanhope needs him to say and the courts have disagreed with that view in other matters of investigation (Coroner Doogan springs to mind).

UPDATED: With thanks to LG the ABC report is up which notes that Karin MacDonald has now done Mr. Stanhope down for the second time in two days.

These things often come in threes….

ANOTHER UPDATE: Deb Foskey has hit back with another media release:

    “The take home message from the Assembly committee, which can only make recommendations to Government about government related responsibilities, is that shareholder responsibility for Territory Owned Corporations (TOCs) needs to be looked at more closely.”

    “Those shareholders, being the Chief Minister and the Deputy Chief Minister, appointed the Board which still exists, and the Board appointed the CEO.”

    “This report has implications for the other TOCs – ACTEW and ACTTAB – where the same shareholders may have a similar interpretation of their roles.”

    “Given the crucial role of ACTEW in ensuring the provision of potable water to the ACT, it is important that the shareholders now review their responsibilities under the TOC Act so that ACT residents, whose interest they represent, can feel confidence in them”

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30 Responses to Legislative Assembly Committee drops a bucket on the Government over Rhodium
thetruth thetruth 7:27 pm 22 Aug 08

Carnell was hung drawn and quartered based on the Auditor – generals report. The Auditor-General said the same thing as the assembly report TWO years ago – Difference minority Government.

Stanhope himself is looking more minority in Government. He will not last after the election. Dead man walking

Thumper Thumper 6:57 pm 22 Aug 08

Yes, but mr Stanhope has his own legal advice that says he’s not responsible.


thetruth thetruth 6:50 pm 22 Aug 08

The whole Rhodium affair smells bad – Carnell went for Bruce Stadium and Stanhope should go for Rhodium

aronde aronde 6:46 pm 22 Aug 08

WIN news just had an apology to the Govt/ Stanhope etc for last nights story reporting on the Rhodium affair. Something about being sorry for suggesting adverse findings on the Govt. So can we assume govt lawyers got on to WIN and forced an apology for simply reporting the findings from the Rhodium report? Just gets better and better!

caf caf 6:23 pm 22 Aug 08

Jon really needs to get with the Beattie program, and learn that admitting mistakes can play well – particulaly in a case like this where it’s pretty easy to point the finger at the real villains.

I wonder why they don’t vest the shares in TOC more widely – one to each member of cabinet, say. It’d make it easier to diffuse the blame when things go wrong…

Granny Granny 3:35 pm 22 Aug 08

I literally did laugh out loud (much as I can’t logically understand my reaction at all).

: )

Loose Brown Loose Brown 2:41 pm 22 Aug 08

Did you hear the one about the inflatable punching clown?

One day he went mad and stabbed his family to death. Then he turned his weapon on himself.

Luckily he awoke in hospital and was soon before the judge.

The Judge said, “You’ve let your mum down, you’ve let your dad down.”

“But worst of all, you’ve let yourself down.”

Granny Granny 2:32 pm 22 Aug 08

The spiky hair is cute, but!

: )

Mr Evil Mr Evil 2:29 pm 22 Aug 08

Rather than being inflatable, I’d describe Stanhope as more of your run-of-the-mill puffed up clown.

Thumper Thumper 2:25 pm 22 Aug 08

Come to think of it, Stanhope is just like an inflatable punching clown, except with spiky hair.

ant ant 2:17 pm 22 Aug 08

Inflatable Punching Clown for Chief Minister!

Thumper Thumper 1:31 pm 22 Aug 08

It will be interesting to see if this actually hurts the government given that they seem to be able to effortlessly reel with the blows and come back like one of those inflatable punching clowns.

Crikey Crikey 10:31 am 22 Aug 08

The Chief Minister never accepts responsibility for anything.

If Pangallo ever becomes Chief Minister I’ll move back to Queanbeyan.

Thumper Thumper 8:35 am 22 Aug 08

I think this perfectly illustrates why Stanhope should go.

His arrogance and petulance towards anyone that dares criticise him in anyway is quite astounding.

And his quite severe attacks on the integrity of others is becoming an embarrassment.

Maybe I underestimated Karin MacDonald. She sure seems to have some guts.

thetruth thetruth 7:55 am 22 Aug 08

the point is that regardless it will not be Chief Minister Stanhope

ant ant 10:46 pm 21 Aug 08

Chief Minister Gallagher? Fair dinkum, let’s get Pangallo. He’s done alright for Queanbeyan.

thetruth thetruth 10:32 pm 21 Aug 08

Make you wonder how long he will hold on for after the election when they lose their majority (I have no doubt that this will be the outcome) – who is running the book?

Chief Minister Gallagher? or will it be Barr?

bd84 bd84 9:58 pm 21 Aug 08

attack is the first form of defence?

someone’s getting worried..

Kitchen Man Kitchen Man 9:58 pm 21 Aug 08

You get the distinct impression that had ACT Labor not been in Government for the last 4 years that they may have imploded in similar fashion to the Libs. There looks to be as much drama in the Labor party room as there has been on the other side, with the only difference being that Jon’s team were a bit too busy governing to fight much.

Granny Granny 8:49 pm 21 Aug 08

Q. How difficult has this time been for you personally? Did you feel torn between the pressures of party loyalty and doing what you believed was right?

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