Barclays Asian hiring under scrutiny ;meanwhile the matter of Maxine McKew remains a mystery.......



by Ganesh Sahathevan 


Image result for maxine mckew
Maxine McKew is best known for unseating the then prime minister John Howard, Her Labor Government is not a friend of bankers, or so it seems. 



In March this year Margot Patrick of the Wall Street Journal reported:

Barclays PLC (has become) the latest bank to disclose that U.S. authorities are investigating its hiring practices in Asia, part of a wider probe into banks’ recruitment of friends and family members of government officials and top executives in the region.

The WSJ story brings to mind Barclays appointing the Australian newsreader Maxine McKew to its Asia Pacific Advisory Committee in 200.As one can see from the list of those appointed, McKew's curriculum vitae  was distinguished by her lack of skills and experience in finance or economics as well as a glaring lack of standing among what one publication described as "a panel full of big names".


A cursory examination of the names on the panel , provided by Barclays when it announced the appointment of Hong Kong's Anson Chan  proves the point:

The Barclays Asia Pacific Advisory Committee consists of the following-

Dr the Hon Anson Chan, GBM, GCMG, CBE, JP, former Chief Secretary of Administration for the Hong Kong Administrative Region

Dr Richard Hu, former Cabinet Minister and Chairman of MAS, current Chairman of CapitaLand, Singapore

Mr Piyush Mankad, former Finance Secretary, Government of India

Rt Hon Francis Maude, British MP and former Conservative Minister

Ms Maxine McKew, award-winning journalist and political analyst, Australia

Dr Han Seung Soo former Deputy Prime Minister and Foreign Minster of Korea

Mr Yutaka Yamaguchi, former Deputy Governor, Bank of Japan

Tan Sri Francis Yeoh, Managing Director YTL, Malaysia

Sir Peter Middleton, Chairman of Barclays Asia Pacific Advisory Committee and former Chairman of Barclays PLC

Mr Robert Morrice, Chairman and Chief Executive Officer, Barclays Asia Pacific

Sir David Wright, Executive Director of Barclays Asia Pacific Advisory Committee and Vice Chairman, Barclays Capital


While Mckew was a one-term Labor MP ,that came after her appointment to the Barclays panel.As for being an "award winning journalist", Barclays would have been more than aware from its many years of experience in Asia that journalists do not rank too highly in Asia where status matters. In fact, journalists rank very near the bottom.

McKew's appointment remains a mystery bu did it have something to do with her connections within the Labor Party, who she represented in the 2007 election that brought it to power?

END















Comments

Post a Comment

Popular posts from this blog

Ben Robert-Smith : How was Justice Anthony Besanko of the Federal Court able to find that the crime of murder has a civil twin, which can be determined on a balance of probabilities

Image
 by Ganesh Sahathevam                                                                                                                  The Hon Justice Anthony Besanko Media reports about the Ben Robert-Smith defamation matter  have at least given the impression, if not asserted,  that Justice Anthony Besanko of the Federal Court found  that Robert-Smith had committed murder. Most if not all reports have been at pains to stress that the finding was based on a balance of probabilities, and not beyond a reasonable doubt, for the matter was a civil and not criminal matter.  However,  reading his summary one can immediately see that Justice Besanko  found not that Roberts-Smith had committed murder but that the " respondents had, (on  a balance of probabilities) established the substantial truth"  that  Roberts-Smith had committed murder.  However, murder is a  crime and a finding of murder in a criminal court (which is the court in which crimes like murder can be determined!) inv
Read more

Who authorised former NSW Police Commissioner Mick Fuller to say anything about the Berejiklian era quarantine fee and why? Fuller's notice confirms suspicion that NSW Berejiklian government had no basis to impose the quarantine fee, nor quarantine persons who were COVID negative 

Image
 by Ganesh Sahathevan      Premier Gladys Berejiklian with NSW Police Commissioner Mick Fuller and Brigadier Mick             Garraway Who authorised former  NSW Police Commissioner Mick Fuller  to say anything about the  Berejiklian era  quarantine fee and why? Fuller's issuance of his  COVID  quarantine notice, and subsequent silence, would seem to confirm suspicions raised on this blog that NSW's Berejiklian government had no basis to impose its quarantine fee. Fuller's conduct also adds to suspicion that the Berejiklian government did not have the authority, even under its COVID emergency powers, to quarantine persons who were COVID negative. International arrivals had to test negative for COVID before boarding their flights to Sydney, and tests had to be administered within 72 hours of departure. Quarantine on arrival of those who exhibited no COVID symptoms was quite likely unnecessary. It did, of course help bolster Gladys Berejiklian's approval ratings. TO BE RE
Read more

Revenue NSW COVID Quarantine Fee payment demand notices suggest that Police Commissioner Mick Fuller breached the law with his demand for quarantine fees

Image
 By Ganesh Sahathevan  Anyone who has received a Revenue NSW Quarantine Fee demand for payment notice  will be familiar with these words that are contained in the notice: What is the quarantine service fee? A mandatory quarantine service fee applies to all travellers arriving in New South Wales (NSW) who are required to quarantine as part of the public health order. Mandatory quarantine is needed to stop the spread. of COVID-19 in NSW The qurantine fee has been charged pursuant to Section 70 of  the NSW Health Act. However, as previously reported, that section does not permit any imposition of mandatory fees.  However, in apparent defiance of Section 70 of the Health Act, Fuller issued a notice   in which he said  that Revenue NSW " will be charging a mandatory quarantine fee". TOE BE READ WITH  Former NSW Police Commissioner Mick Fuller said in his notice that Revenue NSW " will be charging a mandatory quarantine fee" - Former NSW Ministers Hazzard, Tudehope insis
Read more