Page 586 - Week 03 - Tuesday, 12 April 1994
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are conducting full investigations ...
When this information is available I will forward it to you ...
As regards point 3, he said that he wanted further information. A letter from the Hon. Willie Jimmy is also attached to that correspondence. The Hon. Willie Jimmy states - - -
Mr Humphries: Who is he?
MR BERRY: From Vanuatu. He is the Minister of Finance. His letter states:
I am pleased to inform you that your business licence application to operate a gambling operation by way of Horse Betting (TAB) in Vanuatu is hereby approved.
He goes on to talk about some other arrangements. We are going to have to go right through this. I know it is tedious, but we are going to have to go right through this because I think it is all very important. A letter from VITAB to Mr Philip Neck reads as follows:
Please accept my apologies for not sending this letter earlier.
In regard to VicTAB; we have a contractual arrangement with ACTTAB and as VicTAB is currently being considered for privatisation, we wish all corporate information, confidential information, audits and probity checks to be conducted by our counter-party (ie: ACT/TAB).
In relation to VicTAB's specific requests:
VicTAB Limited is a Licensed Totalizator Operator in Vanuatu ...
I mentioned the approval earlier on. The letter goes on:
2. The principal objective of VITAB Limited is to establish a betting clientele principally from customers in countries other than Australia.
That is what I have told this Assembly before. It continues:
However, please note that when transactions are processed in Vanuatu we may not be aware of the source of the bet and we will be accepting bets from Australia.
3. Would ACT/TAB please advise of the process of regular audit for probity and conformity to Commonwealth AUSTRAC legislation. In principle we have no objection to ACT/TAB audits. However, client confidentiality must be preserved by VITAB.
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