Ralec played up Graincorp relationship, concealed internal grumblings: Weldon

Mon, 16 May 2016

By Sophie Boot May 16 (BusinessDesk) - Former NZX chief Mark Weldon says Ralec played up the relationship between the Clear Grain Exchange and Graincorp and concealed internal opposition within Australia's largest bulk grain handler to using the Clear platform. Weldon appeared for the first time in week three of the lawsuit between NZX and Ralec, the former owners of the grain exchange. Ralec's lawyer has painted Weldon as having been fixated on building Clear into a global commodities powerhouse, ignoring Ralec's advice on the outlook fo...

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