Home / Tag Archives: NuCoal (page 6)

Tag Archives: NuCoal

Political stitch up from the start………

One day the truth will come out as to why the O’Farrell Government specifically went against the recommendation in the Clayton Utz report and sent the investigation of EL 7270 to ICAC, rather than a Special Commission of Inquiry as recommended by Clayton Utz. The report clearly stated at page 16 that ...

Read More »

POLITICIANS SPIN FILE #2

The story that ran in the SMH yesterday that the Upper House in NSW is set to dump the legislation proposed by Upton/Baird which aimed to extend ICAC’s powers is refreshing. Heartfelt thanks to Christian Democrats, Shooters and Adam Searle (mentioned in the story) and any others that feel the ...

Read More »

Asset Seizure by NSW Infuriates Americans

American institutions are considering launching international arbitration proceedings against Australia because the government of former NSW premier Barry O’Farrell expropriated US assets worth $120 million. The US institutions, which had major shareholdings in listed mining company NuCoal Resources, were among the main losers last year when the O’Farrell government cancelled ...

Read More »

Asset Seizure by NSW Infuriates Americans

American institutions are considering launching international arbitration proceedings against Australia because the government of former NSW premier Barry O’Farrell expropriated US assets worth $120 million. The US institutions, which had major shareholdings in listed mining company NuCoal Resources, were among the main losers last year when the O’Farrell government cancelled ...

Read More »

NuCoal Innocent says ICAC, But Still No Compensation

With a determination handed down by Justice Stephen Rothman only last week, the Court found that ICAC acted in accordance with its common law duties, however, it also made statements that bring into question Parliament’s actions in cancelling NuCoal’s exploration license with NO compensation. The Court made clear statements about ...

Read More »

Unjust mining act should be repealed

Last month David Ipp sent a statement to The Australian about his December 2013 report on Operation Acacia – an unusual step indeed for a former commissioner of the NSW Independent Commission Against Corruption, who is also a former judge. The statement commented on matters that my company, NuCoal Resources ...

Read More »