The courtroom has also heard crucial evidence concerning the efficiency of Woodlawn Money in handling the fund, which dropped in value from about $forty three million to about $30 million.
He explained the sole capacity he experienced acted in was "introducing persons to probable chances in PNG".
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The organization also paid out a large referral or introduction cost to sports administrator Malcolm Giheno – the son of former prime minister John Giheno – in relation to the organization getting to spend the cash, Fairfax has learnt.
The revelations have emerged from a row around $forty three million of PNG authorities money which was squirrelled away in a small place bank branch in Lismore in northern NSW.
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McNamara stated the transfers happened because of banking errors and were being immediately corrected by Woodlawn.
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