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Wednesday, 12 May 1920


Mr FENTON (Maribyrnong) . - If there is any doubt about any of these matters, I .dare say that Mr. Allard, if questioned, would readily assent to an overhaul being instituted. I understand that F. W. Hughes and Company Limited operates under the Companies Act of New South Wales. I do not wish to cast any reflections upon Mr. Allard, but from what I have heard, and from my own experience, there is reason to cast reflection upon the New South Wales Statute. I understand that things can be done under the cover of the Companies Act in that State which would not for one moment be tolerated in Victoria. The honorable member for Capricornia (Mr. Higgs) has upon various occasions sought to secure an investigation of this company and its affairs, and although it may involve retrospective legislation, if his amendment be agreed to, I intend to support it. If audits are allowed to be made in a loose fashion under. the New South Wales Act it is all the more necessary that the AuditorGeneral should conduct an investigation for himself, either personally or by medium of his own officers.







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