Quote:
Originally Posted by Mixer
You wonder now whether GRM can keep Scotty Mac.
Could be a shocking double blow to GRM.
|
The other elephant in the room for them is the implication of their sponsors Wilson Security in the Panama Papers.This company has been shown in these documents to be guilty of massive tax fraud and there is no doubt the ATO is coming after them.Also they have represented themselves as an Australian company gaining massive government contracts.The Panama Papers showed that their ownership is routed through a series of shell companies.The ultimate ownership of the company is in the hands of 2 Chinese national brothers based in Hong Kong where one is currently serving a long prison sentence on bribery and corruption charges.When this all works it's way through the ATO and ACCC it is hard to see the company existing let alone retaining it's government contracts.Motor racing sponsorship will be the least of their worries.