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TIN HARE SCANDAL

SALE OF SHARES JUDGE SWINDELL INVOLVED. ,i' ■ • . (Australian Press Assocudion.) _ - SIDNEY, July, 14. . At the mechanical hare inquiry today, considerable evidence, was heard in regard to -the sale of shares inVttvo of the Greyhound Racing Companies; Ihe rn itnesses were • Alban Gebt find his partner in Alban Gee and’ Com-' p.any, ,dnarebrokers. * ■ ' . '• - - • • Mr Gee admitted hat F. S. Swindell, otherwise .Judge Swindell, Had handed liis firm a cheque for five thousand pounds, and had' received, in return, five cheques for one thousand pounds each, made payable to five different persons. Mr Monaghan, K.C., who is assisting the Commission, asked the reason for “that little pantomime.” ‘Mr Gee replied that he did. not know; Mr Ju-tice HaLse Rogers (the; Royal Commissioner) : “I suggest that a trau. saction like that is to cover up something.” . - . ..

Gee’s partner, Henry Malmgrop, said that ho did not se» anything suspicious ■in his various .transactions wish greyhound shares uutU this Royal, Commission camp along, \-\\\.

My < Judtice Rogers interposed | . ‘ did not know that there was «> much credulity in Pitt Street." , • v Mr Monaghan,; at interjectod: .“ThWe. apparently was a good deal of juggling with money in’ order to get it' fo Swindell.” ‘V r. -, : -

Marmgvqn was asked tp explain a transaction relating to .a cheque for i£2,498 for shares in a Coursing Club'. He answered tlhat he could not do so.

Mr Justice. Rogers at length observed : “This witness is either incredibly stupid, or he is<m>t telling the, truth.” Malmgron replied : "l am . telling the truth-.’’ .. -■ . J' ...

The Commissioner retorted •• “Well, you leave they inference that you ara incredibly stupid.” Miss Valerie • Kelly, a solicitor’s clerk, whose nam e had. been mentioned freely, in connection' ''with share deals, gave evidence that the. first that fhb knew of tihese shares waj when her name was mentioned in the press, and consequently she was' most annoyed. ' ■ '!, ... Another witness, James' Hutton, who signed the transfer of twelve thousand shares, admitted that he .was' duly a “dummy,” and was acting on behalf of Mr Munro. :>■

The hearing was adjourned.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19320715.2.46

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 15 July 1932, Page 5

Word count
Tapeke kupu
341

TIN HARE SCANDAL Hokitika Guardian, 15 July 1932, Page 5

TIN HARE SCANDAL Hokitika Guardian, 15 July 1932, Page 5

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