Apology
ON June 18, 2009 The Australian published a story, `MYOB tsar link to investor scam’. Readers may have inferred that Mr Bradley Shofer was linked to an investor scam whereby South African investors lost up to $1.5billion.
The Australian accepts that Frankel International (Australia) was not a local arm of the South African company of the same name, that it did not raise any funds or trade while Mr Shofer was a director nor did he receive any financial benefit from it. The Australian apologises unreservedly for any embarrassment or hurt to feelings suffered by Mr Shofer as a result of the story’s publication.
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