Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

and that is what was going on at the time. You can see that from the evidence from the head of Ford Credit at the Senate inquiry last Friday.

Senator ABETZ—During those meetings, was the plight of any particular car dealer mentioned to you?

Mr Cohen—Yes.

Senator ABETZ—And how many?

Mr Cohen—There are at least three or four that I can recall.

And there would have been many more but that I would not know of them because these were matters that were handled by the Treasury officials with the finance companies and with the car dealers. I simply would not know.

The next allegation is that Mr Grant was looked after as a condition of rolling Ford Credit into OzCar. This is one of the biggest furphies of them all. Sloppy Joe over there has been trying to maintain that somehow Ford Credit was going to be a beneficiary of $500 million direct from the federal Treasury. Of course that was not the case at all.

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