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‘Do what you want, LOL’: Boss of collapsed super fund says record keeping was inadequate

David Anderson admitted to poor record keeping and undocumented transfers that wiped out $500 million in savings of nearly 6,000 members, according to liquidators and ASIC.

First Guardian boss David Anderson told a court that notes on where the fund’s millions were being transferred were not up to standard “by a long shot”.

4 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

‘Do what you want, LOL’: Boss of collapsed super fund says record keeping was inadequate

First Guardian boss David Anderson told a court that notes on where the fund’s millions were being transferred were not up to standard “by a long shot”.

·Sydney, Australia
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Sydney Morning Herald broke the news in Sydney, Australia on Monday, December 22, 2025.
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