One of Gina Rinehart’s companies has invested more than $4 million in the gas exploration firm Lakes Oil. It’s a subsidiary of Rinehart’s WA iron ore giant Hancock Prospecting.
We suspect the ‘democratic system’ and govt processes we currently have here will be corrupted even more with her gazillions of political influence.
Part of this latest move is the appointment of climate change sceptic, Professor Ian Plimer, as a director of Lakes Oil.
Plimer serves on the boards of four listed resources companies and three unlisted companies, including the Hancock Prospecting group.
This is a very sinister troupe coming to ride roughshod over Gippsland. Let’s hope the locals don’t swallow their spin.