Chow Tai Fook was given approval to buy Alinta for $4 billion in April 2017 on the proviso it would satisfy a series of conditions that were not made public.
"There clearly wasn't much pre-vetting or due diligence done in the sale of Alinta, otherwise how could they [the government] allow a company with such a reckless approach to privacy and data to be sold to an overseas company?" the whistleblower said. The spokesperson said the independent audit in 2019 highlighted"the need for a privacy management framework, privacy officer, encryption standards and data strategy … and have been progressed".
"On an annual basis Alinta Energy engages a third-party auditor to evaluate our security and identify any areas of risk. Any significant risks which are identified are tracked through to conclusion," the spokesperson said.
The Chinese are supposed to be clever, I guess this was false information, I hope they get sued.
The tragedy of these sales and globalisation tendencies is that politicians do not place national interest and privacy regulations in place. The idiot politician that does this goes away thinking haw wonderful he is and is not held accountable.
Scott Morrison approved the sell off of an Australian energy biz to Chinese interests in 2017 Another Oz major business to the Chinese along with dairy, beef farms and under ground water rights. Has Scott Morrison dual Chinese & Australian citizenship OneNationAus JacquiLambie