In 2001 it was alleged that Richard Pratt the owner of the $5 Billion Cardboard Recycling empire, Visy was involved in a price fixing scam to the tune of $700 MillionLater it was proven, AND Pratt admitted price fixing with rival Amcor chief Russell Jones. As a result he was fined $36 Million or approximately 5% ( better than the taxable income rate of 50%) of the total fraud.
Since then Pratt became gravely ill, and as a result has a very short time left. In the final days/ weeks/ months of Pratt's life quoted by his Lawyer :
"This ruling will provide Richard Pratt comfort in his final hours," said Mr Pratt's lawyer, Leon Zwier. "Richard Pratt must now be declared innocent of these charges."
He has committed FRAUD and NO circumstances should change that.
This sends out a CLEAR message, that people or friends in the Legal System , can be bought for an undisclosed amount, and if you are part of the upper financial circle you are UNTOUCHABLE.
See full story : Richard Pratt's dying wish fulfilled to have charges withdrawn
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