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story v advance bank aussie ltd case Here we got a company fleetwood stary pty ltd owned by the couple, story. The company owned the
story v advance bank aussie ltd case Here we got a company fleetwood stary pty ltd owned by the couple, story. The company owned the houses that the people live in. The wife is passive director in the company. The husband is a real dealer, he has got other business. He come out and mixes up the account of his other companies to those with fleetwood star. He forge his wife signature. She has no issue with that. She say he does that all the time. She complained only after they got divorced. What we see is one of the situation were there is complete mix of the interest of diff companies and diff players in it. He forged the signature on a mortgage over the property. Obviously the internal rules were not followed. He forge the signature and she said he did that all the time. I had no prob. The prob ws also the money was used going into the house as far as the bank was concerned and those business being run within the overall umbrella of the house. She argued on behalf of the company that the bank was put into enquiry. You should have known. If you look at northside development it is the type of precedent should have alerted you
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