The court has also heard significant proof with regard to the general performance of Woodlawn Funds in handling the fund, which dropped in benefit from about $43 million to about $thirty million.
He claimed the sole potential he had acted in was "introducing people to potential prospects in PNG".
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The corporate also compensated a large referral or introduction charge to sports activities administrator Malcolm Giheno – the son of former prime minister John Giheno – in relation to the organization getting to commit the resources, Fairfax has learnt.
The revelations have emerged from a row in excess of $forty three million of PNG authorities dollars which was squirrelled absent in a small place bank branch in Lismore in northern NSW.
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Two Sydney revenue professionals have demanded about $23 million in service fees for two several years work investing Papua New Guinea taxpayer money, many of which dropped in value by about $10 million.