Murray Goulburn board 'vigilant' at all times, says chairman

By Jared Lynch
Updated April 30 2016 - 1:33am, first published 12:15am
Former Murray Goulburn managing director Gary Helou (centre) in happier times with former prime minister Tony Abbott (right) and former Victorian premier Denis Napthine. Photo: Penny Stephens
Former Murray Goulburn managing director Gary Helou (centre) in happier times with former prime minister Tony Abbott (right) and former Victorian premier Denis Napthine. Photo: Penny Stephens

Murray Goulburn's chairman, Philip Tracy, claims the co-operative's board and management were vigilant at all times, despite it posting a monstrous profit downgrade and slashing milk payments to farmers.

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