After lying about the "Children Overboard" affair and then the Iraq War, Australian PM John Howard is now in trouble for lying once again. This time he mislead parliament by denying a secret meeting with a friend who has a virtual monopoly on the Australian ethanol market. It seems the PMs office also used Brazil-based diplomats to spy on his friend's major rivals and keep them out of the Australian market. Who will take the blame for this one, John?
It seems the government slapped excise on imported ethanol as the Brazilian shipment for Trafigura was on the water, making it $5 million more expensive.