Recently the Tasmanian State Liberal government announced that 37 proposals had been received as expressions of interest for the development of tourism within Tasmania’s National Parks and World Heritage Areas.
Recently the Tasmanian State Liberal government announced that 37 proposals had been received as expressions of interest for the development of tourism within Tasmania’s National Parks and World Heritage Areas.
http://www.themercury.com.au/news/politics/state-government-committee-to-assess-37-national-parks-development-eois/story-fnpp9w4j-1227134042926
The article also stated that the proposals would be evaluated by “…an Assessment Panel consisting of the new Coordinator General, Mr John Perry; the Secretary of DPIPWE, Dr John Whittington; the CEO of Tourism Tasmania, Mr John Fitzgerald; the Chair of the National Parks and Wildlife Advisory Committee, Mr Malcolm Wells; and an independent member, Mr Rohan Boman.”
The first four of these panelists could be described as having bona fide credentials due to their positions within the government bureaucracy or as an industry representative. But who is Rohan Boman – the ‘Independent’ member?
Bloomberg Business Week indicates the following:
Mr. Rohan Boman, B.Bus. (Acc), B.Bus (Mmt) served as Director, Proprietary Trading at ING Securities (Hong Kong) and Divisional Director and Head of Trading – Equity Markets at Macquarie Bank Limited (Sydney). Mr. Boman served as Non Executive Director of Sino-Excel Energy Limited from November 4, 2009 to August 21, 2014.
http://investing.businessweek.com/research/stocks/people/person.asp?personId=141984611&ticker=SLE:AU&previousCapId=64720116&previousTitle=NORWOOD%20ABBEY%20LTD
But first… a bit of history.
Mr Boman was the director of biotech company Norwood Abbey which had a ‘chequered’ past where $20+ million dollars was lost in consecutive years and shareholders ‘took a bath’. Have a read of some of the comments by disgruntled shareholders on this site:
http://www.sharescene.com/index.php?showtopic=25
and a virulent and disparaging view about the directors on this site:
http://corpau.blogspot.com.au/2009/06/norwood-abbey-nal-stockmarket-fraud.html
In 2009 Norwood Abbey morphed into a Chinese coal entity called Sino Excel Energy Ltd. (ASX Code- SLE). The commentary was less than complimentary.
http://www.theaustralian.com.au/business/opinion/norwood-abbey-to-buy-sino-excel-petroleum/story-e6frg9lo-1225772653599
The new company is essentially a coal trader operating with De Bang Resources which is a Chinese state-owned entity.
The ASX site for Sino Excel Energy Ltd (ASX Code- SLE) indicates that the company is in a trading halt which commenced on the 2nd of September 2013. Contact with the ASX has revealed that SLE breeched the listing rules by failing to lodge mandatory periodic reports. Rohan Boman resigned his directorship on the 14th of September 2014.
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=SLE
The company’s websites http://www.sinox.net and http://www.sino-excel.com.au
are non operational.
Being a private investor, in 2005 it necessitated a four-year sojourn for Mr Boman in that paragon of taxation virtue – Vanuatu
http://www.lowtax.net/information/vanuatu/vanuatu-double-tax-treaties.html
So exactly what skill does Rohan Boman – an equities trader, bring to the assessment panel?
What was the process that gave rise to his appointment on this panel?
Is there any selection criteria that is it publicly available with regard to his nomination to the panel?
