A Crikey story on 9
June stated that Steve Vizard’s former accountant, Greg Lay, refused to
testify against him. We have now been informed by Lay’s lawyer that
this is incorrect. According to his lawyer, Graham Lederman, Lay
declined to sign a witness statement on legal advice but he was always
willing to testify against Vizard. Lederman writes:

We are able to state categorically, both on our
instruction and our personal knowledge, that at no stage did Mr Lay
refuse to testify against Mr Vizard. The simple truth is that –
notwithstanding the relevant publicity associated with public
statements by personnel of the Australian Securities & Investments
Commission and by Mr Damian Bugg – at no point of time was Mr Lay asked
to give sworn evidence against Mr Vizard, nor was he ever served with a
subpoena to do so.

Peter Fray

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