Gina Rinehart flees Charity

Infighting has broken out in Cambodia over the high profile 'ant-slavery trafficking' charity SISHA.

SISHA's HQ

SISHA  (South East Asia Investigations into Social and Humanitarian Activities) is mainly staffed by ex-policeman from Australian  and the UK and hit the headlines in March this year when it led a raid on the Love in Action orphanage in Phnom Penh run by former Queenslander Ruth Golder. Children were removed from the orphanage by local police and government officials.

In the days following the raid Cambodian officials began issuing denials on some of the more lurid SISHA claims that also appeared in the report filed by a Fairfax writer who accompanied SISHA. Indeed, it seems Golder was unfairly maligned in the reporting which wasn't subsequently corrected by Fairfax.
 A war of words has now begun amongst the ex-pat community in Phnom Penh with posters saying the Fairfax writer should have disclosed that when they were 'embedded' with the SISHA raid, that Gina Rinehart as a major Fairfax shareholder was also the main funder of SISHA.
Now it seems SISHA's generous benefactor Rinehart, one of the world's richest woman who has genuine interest in saving Asian children and women from poverty, has abandoned the charity.
On Friday her Hancock Prospecting sent out emails on Friday stating that Gina had resigned her post at SISHA.
Meanwhile the war of words continues on the web.

Winner Of The Week!

She's one feisty lady and sharp as a tack. She got our attention in 2010 when she clambered to the back of utility truck in a Subiaco oval (that's Perth's ritziest suburb)  pearls jangling around her neck, and thrust her arms in the air while gold bangles cascaded down her wrists chanting  :

" we will not stand for this unfair tax...billionaires united- will never be defeated!" (or words to that effect).

Within two months the prime minster Kevin Rudd's career crashed and his replacement Julia Gillard cut back the proposed 40% 'super profits' mining tax to around 30%.

On Sunday West Australia mining magnate Gina Rinehart  barely struggled by on $10 billion. Today that fortune doubled to a staggering  $20 billion when Gina's mining corporation Hancock Prospecting sold 15% of the Pilbara-based Roy Hill project to South Korean steel giant Posco.

The Posco investment pushes Rinehart's combined wealth up to nearly $20 billion, based on the increased value of her holding in the mines.

                                                          But wait-there's more......


Last year the giant Citicorp released a report on Gina's mine holdings and reckoned she is on track to become the world's richest person worth possibly $100 billion. That leaves Bill Gates ($59B) and Carlos Slim Helu ($74B) eating her dust.

Only two women are wealthier than our Gina- French L'Oreal heiress Lillian Bettencourt (left) with $23B and American Christy Walton (Waltons stores) with $24B. She'll see them off by the end of the decade !.