Page 1686 - Week 06 - Tuesday, 30 April 1991

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In order to hide company assets, Gajic contacted VCX and asked them to transfer the rights to the video masters from Joyfrey Nominees Pty Ltd over to Sienna Pty Ltd, another company of which he was also a director. In a reply to this request, VCX stated:

Based upon representation in your letter, you have liquidated Joyfrey Nominees Pty Ltd, for tax purposes, we see no reason not to consent to the proposed transfer.

Effective immediately, VCX Inc. recognises Sienna Pty Ltd, as licensee under all existing agreement between VCX Inc. and Joyfrey Nominees Pty Ltd.

Here we see that Gajic has admitted that his intention was to evade tax. It is interesting to note that a copy of the letter was sent to solicitor Leon Zwier at the Melbourne law firm of Harding and Brereton. Zwier was the solicitor who was commissioned to go to the United States on behalf of Alexander Gajic to help expand Gajic's corporate empire and its link with Mafia-run organisations in the United States, as well as a number of other companies.

MR SPEAKER: Order! Your time has expired, Mr Stevenson.

MR STEVENSON: I seek an extension of time.

Leave not granted.

MR STEVENSON: Mr Speaker, I seek leave to table the following papers:

White collar crime - Speech notes, together with copies of papers (20).

Leave granted.

ADMINISTRATION (AMENDMENT) BILL 1991

Debate resumed from 18 April 1991, on motion by Mr Kaine:

That this Bill be agreed to in principle.

MR BERRY (8.20): Mr Speaker, this Bill is a machinery provision which is necessary to clarify the law. The Australian Capital Territory (Self-Government) Act, which establishes the ACT Executive, contains no provisions about the operation of the Executive in the absence of other Ministers. It is important to deal with that issue. This Bill will amend the Administration Act to provide for the powers of the Executive to be exercised by any two Ministers. It should remove any doubt about the validity of Executive actions taken where one or more Ministers are absent.


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