Exclusive: Pauline Hanson's shareholding in a recycling company was not publicly disclosed for six months because of a series of administrative issues
Senate rules require senators to disclose a range of interests, including shareholdings, on the public register within 35 days of their acquisition.A spokesman for Senator Hanson said the Mackay accountant that registered the company went on holiday over Christmas 2019 and failed to tell her the shares had been issued until late January.
"An email updating Senator Hanson's pecuniary interest was sent immediately following her investment into SETA Recycling," Senator Hanson's spokesman said, adding the disclosure had been according to the rules. "Senator Hanson not only supports recycling measures within Queensland but puts her money where her mouth is."
One of Senator Hanson's advisers, lawyer Donald Bundesen, is a director of SETA and Claire Bundesen, who shares an address with him, owns 37.5 per cent of the company's shares. "We contacted Pauline's office because she's quite heavily involved in recycling and she's all for the Australian farmer so there were synergies there with our business model," he said.
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