02 Mar 12 On Project Wickenby
MEMBER 34 writes:
"The money recovered is less than the cost of the project. The ATO is now trying to save face by bringing under this project name investigations of flow of funds into the country which they are sourcing from the Cash Transactions Authority. We have now had a number of inquiries under the heading of Project Wickenby about clients that have transferred money from overseas. None of the clients have had anything to do with Strachans, the firm of accountants originally from Jersey and later from Switzerland that is at the centre of Project Wickenby. The transfers have turned out to be inheritances from deceased relatives and transfers of capital from various sorts of closed bank accounts. Clients have been offended by the wording of these letters which are extremely intimidating. The ATO has a serious problem in communicating with its 'clients'."