Speaking after Shipton’s comments on the “highly defamatory” advertising campaign by billionaire Clive Palmer, the businessman expressed sympathy, but doubled down on its content.
The former chairman of the corporate watchdog said he wanted to end his life after being the subject of a “highly defamatory” advertising campaign by billionaire parliamentary hopeful Clive Palmer.
Shipton also told the inquiry he was the subject of inappropriate conduct by a senior staffer at the corporate regulator over an issue separate to the Palmer ad campaign. He was disappointed about the lack of support he received from ASIC’s acting chairman Karen Chester and Treasury during the Palmer campaign, highlighting the tension in ASIC’s top ranks over the past two years.
“The advertisements were soul-destroying for me, my family and my friends. They were relentless. They cut me to my core.”“From November 2020, I was subjected to six months of intimidatory advertising, attacking my character, competence and integrity,” Shipton told the Senate inquiry into ASIC’s oversight. “They were published by a defendant charged with offences instigated by ASIC during my time at ASIC.
“The only communication I received at the time was from a cabinet minister, who called to say not to worry about the advertisements and not to make a fuss,” he said. “I cannot fathom why that minister could treat the wellbeing of one of his senior officials, let alone a fellow human being, with such blatant disregard.”
“I was the chair of ASIC, a law enforcement agency that offered no protection. The system failed me and I need to prevent it from failing others in the future,” he said.
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