Aboriginal Corp. officers have assets frozen by court after "borrowing" $1.7million
/Former officers of the Geraldton based Murchison Region Aboriginal Corporation, executive officer, Ashley Taylor, and financial officer, Abul Shahid, have had their assets frozen by the Federal Court after an audit found they had made unapproved loans to themselves totalling about $1.7million.
The ABC:
The registrar said both men had repaid most of the money but still owed the corporation more than $300,000.
However, it gets even messier:
It is alleged Mr Shahid used money from the Wajarri People's Trust, of which he was the trustee, to repay money borrowed from the corporation.
