I think Andrew Demetriou is as crooked as they come

[WillHayward]

As if you don't know already....

 

[Richard Pryor]

He should be sacked as AFL CEO immediately.

 

[Bootstrap]

He oozes with slime

 

[nameless]

What's going on?

 

[Luv_our_club]

He basically sold vulnerable people a dream of higher education, including free laptops, with one of those new bogus private colleges... as long as the students remain enrolled for a certain number of months the college gets gov funds from HECS and PALS and the college then completely loses interest in the student.

Basically, do you want the career of your dreams and a laptop for free.... join us..

The most cynical and exploitative business operation.

 

[Richard Pryor]

What's going on?

Found article by reverse image searching OP. Hard to really pick out a paragraph that summarises it: https://www.edministrate.com.au/blo...l-taxman-probes-ex-afl-boss-demetrious-loans/

Acquire’s former directors — racing identity John Wall, Jesse Sahely, Damien Dau and Mr Demetriou’s nephew, Tim Demetriou — are likely to be grilled under oath as part of the probe, which a court has heard will question what happened to $15m loaned to shareholders, including Andrew Demetriou, and involve a “forensic investigation into misappropriation of funds”, taking in the fate of $22m in overseas transactions.

The ATO is also keen to get its hands on assets, including multi-million-dollar mansions and luxury cars, that it suspects Acquire’s directors failed to disclose to the company’s administrator, a blockbuster Federal Court affidavit sworn by the ATO’s director of significant debt management, Aris Zafirou, reveals.

Andrew Demetriou was never registered with ASIC as a director of Acquire.

But the government departments, which together pumped $107m in contract payments and student loans into Acquire and another $223m into training companies that were formerly subsidiaries of the company, threw their weight behind the ATO effort to ditch the DOCA.

There was “significant public interest” in investigating Acquire because of its “disgraceful” high-pressure sales tactics, exposed in a lawsuit brought by the Australian Competition & Consumer Commission that resulted in a $4.5m fine for Acquire, and the “use of intercompany loans and transactions to divert significant amounts of public funds obtained” under the VET FEE-HELP student loan scheme, federal Education Department official Richard Chadwick said in a letter of support sent to the ATO on June 20.

 

[Luv_our_club]

AD had a choice to do whatever he wanted when he left AFL. He could have made a name for himself in charity or the public good, but his first year out of the job the s**t soul prick chooses to exploit vulnerable people at the cost of the taxpayer. Like he needed more money.

 

[its free real estate]

As if you don't know already....

CBF reading further down from the OP, but anyone who looks and dresses like a dude on the left is an obvious grifter.

 

[Bunk Moreland]

Dodgy, dodgy, dodgy company, Acquire. An absolute shocker.

Their core business, their culture, the way they operated, the behaviour of the directors. Everything about he place was dodgy as *.

 

[its free real estate]

CBF reading further down from the OP, but anyone who looks and dresses like a dude on the left is an obvious grifter.

On further reading:

racing identity John Wall

Mmm yeah, 'racing identity'.

 

[Thrawn]

As if you don't know already....

Omg! It's Stan!

 

[Vic pokiesmon]

Very dodgey.Next thing u know he will be profiting from pokies.

 

[ExTasDeeMan]

I know right, did you also know that Scott Pendlebury used to play basketball?

 

[Farm Boy]

Gil's mentor. Taught him everything he knows and ushered him into the job.

 

[tigers_of_old_08]

Don’t like him either but how’s this footy related??

 

[Bollox]

Don’t like him either but how’s this footy related??

You're right. Tenuous at best.
He should add transgender, gay or indigenous to the title so it stays footy related and on the main board.

 

[00Stinger]

still a better CEO than Dill McLaughlin

Sent from my SM-G930F using Tapatalk

 

[IKnowtheDog]

Nice bit of click bait there. Nobody would have a clue who the directors are so name AD in order to get the article read.

 

[captain blood 17]

As if you don't know already....

I endorse this OP. He was exposed through the tanking scandal etc, but then the Essendon doping scandal really showed his depth of corruption.


Sent from my iPad using righteous Bhodi manpower

 

[The Blue Baggers]

Not to mention the mess he has left the AFL in !!

 

[Collins-Langford-Ayres]

Yesterday's news...

 

[Tigers123]

Hope the ATO *s them hard

 

[sataris]

Omg! It's Stan!

All Monkey island references must be rewarded.

 

[Struggle]

Would still take AD running the game over gil and his horrible rule changes

 

[Macpotata]

He's a good bloke.