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31-05-2015, 11:56 AM | #1 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Central Q..10kms west of Rocky...
Posts: 8,308
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"The lavish spending of former Fiat Chrysler Australia bosses Clyde Campbell and Veronica Johns included buying designer handbags costing thousands of dollars for members of staff.
Fairfax Media can reveal a number of staff members were gifted Louis Vuitton handbags after Ms Johns attended an event at the company's store at Crown Melbourne. According to internal Fiat Chrysler Australia documents, Ms Johns ran up an $11,000 bill during one stay at Crown Towers, including multiple treatment sessions at Crown's luxurious spa facility. That bill was charged back to Fiat Chrysler. Ms Johns and her husband, Gregory Hede, live in Melbourne. Other expenditure included a budget of $500,000 authorised by Ms Johns and Mr Campbell to fund a Fiat Abarth racing team to compete at the Bathurst 12-hour race last year. The venture ended up costing Fiat Chrysler more than $800,000. Mr Campbell and Mr Hede competed as race drivers. Fiat Chrysler is believed to have paid the cost of training for Mr Campbell and Mr Hede to obtain their racing licences. Under Mr Campbell and Ms Johns, Fiat also spent an estimated $1 million at Crown Palladium each December on a staff Christmas party. Fiat Chrysler booked an estimated 100 rooms and suites at both Crown Towers and Crown Promenade hotels for staff and their partners, brand ambassadors and selected media for that party. "The spending was out of control," said one former staff member. "And anyone who questioned it was shown the door." Last week Fairfax Media revealed that Fiat Chrysler Australia is suing Mr Campbell, who has been accused of misappropriating and misusing more than $30 million in company money to fund an extravagant lifestyle for his family and business associates. The allegations made in a Federal Court lawsuit filed by Fiat Chrysler also include claims directly or indirectly used to pay for a $400,000 yacht, a plane, trips to New Orleans and Rio de Janeiro, a golf and spa holiday in New Zealand, luxury villas in Crown Casino, Victorian Racing Club memberships worth $244,800, and more than $380,000 in gift vouchers. Since then, further details of the lavish expenditure has emerged from a forensic examination of Fiat Chrysler's accounts. A audit team has been flown in from Fiat Chrysler head office in Detroit to run the examination of the company's books "They are sitting in a separate part of the office and have absolutely no day-to-day dealings with the staff," said one member of the Fiat Chrysler team based at the Port Melbourne headquarters. "Every once in a while we have to answer questions from them, but it's otherwise an independent investigation." Solicitor Sam Bond said Mr Campbell's position was that "the allegations in the statement of claim are not only completely denied but considered scandalous". "We are confident that, in due course, the allegations will be shown to be wrong and will be embarrassing for FCA," Mr Bond. "The fact that internal politics within FCA has caused it to want to tarnish the name of Mr Campbell who took the business to enormous levels of growth is as unfortunate as it is unfair." Ms Johns has not responded to questions from Fairfax Media." http://www.brisbanetimes.com.au/busi...29-ghcotf.html
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CSGhia |
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31-05-2015, 11:59 AM | #2 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: Melb north
Posts: 12,025
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Here for a good time ....... not a long time ???
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31-05-2015, 12:28 PM | #3 | ||
FF.Com.Au Hardcore
Join Date: Dec 2014
Posts: 924
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Wish I had a job there. Million dollar parties? We don't even get tea bags at work.
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31-05-2015, 12:59 PM | #4 | ||
FF.Com.Au Hardcore
Join Date: Nov 2011
Posts: 1,547
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I know of a profession where you might get tea-bagged at work and it pays quite well too.
Oh, sorry...just re-read your post - carry on. Sounds like obscene abuse of their expense accounts given what they detailed is probably only some of their extravagant spending. |
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01-06-2015, 02:08 AM | #5 | ||
Regular Member
Join Date: Nov 2013
Posts: 46
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Hence why a yank is now in charge of FCA Australia. At least he wants to give us the Ram 1500, charger and challenger. If these pair of numpties hadn't been going to town on handbags and ridiculous expenses and spent some time fighting Detroit for product like this new bloke is we may have already had those cars a long time ago.
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01-06-2015, 06:36 AM | #6 | ||
Where to next??
Join Date: Oct 2006
Location: Sydney
Posts: 8,893
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Why did it take so long for then to be caught? The figures they are throwing around are huge!
Greedy....
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___________________________ I've been around the world a couple of times or maybe more....... |
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01-06-2015, 07:20 AM | #7 | ||
Excessive Fuel Ingestion
Join Date: Dec 2004
Location: Central Queensland Coast
Posts: 1,586
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Seems excessive..........
Ed
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01-06-2015, 09:39 AM | #8 | ||
Render unto Caesar
Join Date: Feb 2008
Location: ::1
Posts: 4,228
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Interesting, I'd expected this a long time ago. From what I have seen and heard I am really surprised it took so long.
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01-06-2015, 10:09 AM | #9 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: In Front of a Monitor
Posts: 1,660
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He was really on a crusade to buy things needed to reopen a factory in Australia to start producing Valiants again.
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2004 Mercury Silver Falcon XR6T - 5 Speed 2017 Platinum White Mustang GT - 6 Speed 2022 Blue Thai-Special for Daily Duties - Auto |
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01-06-2015, 10:16 AM | #10 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Central Q..10kms west of Rocky...
Posts: 8,308
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http://www.couriermail.com.au/techno...-1227377197104
More executives to be charged...
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CSGhia |
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01-06-2015, 10:47 AM | #11 | ||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,549
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As long as he didn't spend any company $$$ on prostitutes its all good bro
Sounded alright to be working for him, $1,000,000 company christmas party, we were lucky if we got a BBQ. Quick! Blame unions the greedy fn bastards want a CPI increase! ITS ALL THEIR FAULT! Last edited by Franco Cozzo; 01-06-2015 at 10:56 AM. |
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01-06-2015, 11:02 AM | #12 | |||
Wirlankarra yanama
Join Date: May 2006
Location: God's Country
Posts: 2,103
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Quote:
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01-06-2015, 11:06 AM | #13 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,549
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So close enough on the guess. Hows your royal comission going that hasn't convicted anyone of anything? |
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01-06-2015, 11:09 AM | #14 | ||
Isn't it obvious?
Join Date: Nov 2009
Location: in a world of idiots
Posts: 5,383
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someone from each walk of life will have a snout in a trough
its probability but lets single out nasty unions that have done nothing for no body over the years
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01-06-2015, 11:35 AM | #15 | |||
Wirlankarra yanama
Join Date: May 2006
Location: God's Country
Posts: 2,103
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I think it is eye opening watching various union people and ALP people NOT covering themselves in any glory. Always interesting watching someone defend the indefensible. As you know (maybe you don't) a royal commission does not handle convictions/prosecutions. I know in your case that I'm preaching to the converted, you'd be all over the issues and being an honest Union/ALP person you've always has the best interest of your Union members at heart, ensuring they are not being ripped off by their corrupt Union masters. |
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01-06-2015, 01:36 PM | #16 | |||
FF.Com.Au Hardcore
Join Date: May 2014
Posts: 881
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Quote:
http://www.smh.com.au/business/crown...0150531-ghd4an
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Smile - I dare you |
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01-06-2015, 01:38 PM | #17 | |||
FF.Com.Au Hardcore
Join Date: May 2014
Posts: 881
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Quote:
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Smile - I dare you |
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01-06-2015, 05:41 PM | #18 | ||
FF.Com.Au Hardcore
Join Date: Jul 2007
Posts: 609
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I love my jeep but this could go some of the way to explaining why they couldn't afford to fix glaring warranty issues in the past and that has really hurt their reputation.
Maybe crysler read my letter - which went something like: "guys, you have built a great car but your reputation is going down the toilet due to customer service". At the time, FCA didn't even have a telephone number listed publically. Whats even more funny, they could have spent a bit more on some motor journos and they might not have gotten the bad press about warranties - but i doubt it. Hopefully after plugging some moster financial holes they will have enough to bring the ram over. |
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12-06-2015, 05:48 AM | #19 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Location: Shoalhaven
Posts: 3,161
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The saga goes on:
http://www.dailymail.co.uk/tvshowbiz...-millions.html Does this mean some celebrities will go missing like the neighbours?
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Officially Fordless |
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14-06-2015, 08:59 AM | #20 | ||||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 1,227
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This is getting better...
Quote:
Quote:
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AUII XR6 VCT ute 20 years and still going strong! |
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23-07-2015, 04:42 PM | #21 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Central Q..10kms west of Rocky...
Posts: 8,308
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http://www.drive.com.au/motor-news/f...22-giikls.html
The man who appointed Clyde Campbell as the boss of Fiat Chrysler Australia has suddenly resigned from the Italo-American car maker overnight. John Kett, the Asia-Pacific boss for FCA who oversaw the Australian operations, has left the company just days before Campbell is due to lodge his statement of claim against allegations from Fiat Chrysler that he misused more then $30million of company money to fund his lavish party lifestyle. Fiat Chrysler officially said Kett, an expat Australian who was promoted from Chief Financial Officer to the top position for Asia Pacific in 2009, "is leaving the business to pursue other interests" and his resignation is effective immediately.
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CSGhia |
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23-07-2015, 05:29 PM | #22 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Location: Shoalhaven
Posts: 3,161
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FCA - the Fraud Corruption and Avarice Motor Company
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Officially Fordless |
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23-07-2015, 05:48 PM | #23 | ||
Regular Member
Join Date: May 2012
Posts: 221
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A boss will be a boss. Just ask Paris Hilton, hanging with sons of aussie drug king pins. The mega rich will always be crooked. The higher you go up the ladder, the more it bends.....
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