Mr McCarthy, who said he had known Mr Waters for a decade, toldA and strategy and assisted a process that “enabled the business to raise new equity by issuing new shares in the company”.“This was on behalf of EPGC itself, which has no relation to Waters selling his personal shares in the company to individual investors as claimed by the SEC, which I was wholly unaware of,” he added.
“I was aware that there was a personal matter between them … I asked for clarification from Waters, who indicated it was personal,” Mr McCarthy said. “My position concerning Waters is that if anyone is found guilty of this kind of behaviour, then it is unethical and not something I would ever condone.”AFR Weekend
Mr Calk was the former chairman of The Federal Savings Bank and advised Mr Trump during his presidential run in 2016. Last year, he was found to have corruptly used his position as the head of a federally insured bank to issue a high-risk loan in an attempt to secure a position in the Trump administration after lending the campaign chairman, Paul Manafort, some $US16 million . He is appealing the verdict.