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RICH: Mega payouts for disgraced water "trust" executives

The violent, noose-wielding, Hitler saluting, banjo playing bandits at the First Mildura Irrigation Trust not only invested unlawfully invested $2 million of farmers’ money into dodgy sub-prime debt investments, when they got wind that Water Minister Tim Holding was less than impressed the management organised a sweet payout of 12 months’ wages for three execs in the event the “Trust” was wound up. And they “forgot” to withhold tax from the payment too.

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