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Top financial services boss collapses and hyperventilates at banking royal commission in Melbourne

  • Dover Financial Advisers boss Terry McMaster collapsed at royal commission
  • He had been accused of threatening an angry customer with defamation
  • He hyperventilated during heavy questioning at Melbourne public hearing 

The boss of a financial services company has collapsed and hyperventilated at the banking royal commission.

Terry McMaster, the manager of Dover Financial Advisers, halted the inquiry as a public hearing was held in Melbourne on Thursday.

Medical help was sought for Mr McMaster, who was later wheeled out of the Commonwealth Law Courts building during the afternoon session before former High Court justice Kenneth Hayne.

The boss of a financial services company has collapsed and hyperventilated at the banking royal commission

Terry McMaster, the manager of Dover Financial Advisers, halted the inquiry as a public hearing was held in Melbourne on Thursday

Terry McMaster, the manager of Dover Financial Advisers, halted the inquiry as a public hearing was held in Melbourne on Thursday

The company boss had been facing heavy questioning when he started hyperventilating and slumping forward in his seat, during the hearing which was telecast live on the internet.

Counsel assisting the commission Mark Costello had suggested Mr McMaster’s company had threatened with defamation a victim who had complained of poor financial treatment.

In his company profile, Mr McMaster said he was ‘responsible’ for ‘ensuring Dover complies with the Corporations Act’ and ‘making sure our advisers provide clear, concise and effective advice that is in the client’s best interests and is appropriate to the client’.  

Medical help was sought for Mr McMaster, who was  wheeled out of the Commonwealth Law Courts building during the afternoon session before former High Court justice Kenneth Hayne

Medical help was sought for Mr McMaster, who was wheeled out of the Commonwealth Law Courts building during the afternoon session before former High Court justice Kenneth Hayne

The company boss had been facing heavy questioning when he started hyperventilating and slumping forward in his seat, during the hearing which was telecast live on the internet

The company boss had been facing heavy questioning when he started hyperventilating and slumping forward in his seat, during the hearing which was telecast live on the internet

Counsel assisting the commission Mark Costello had suggested Mr McMaster’s company had threatened with defamation a victim who had complained of poor financial treatment

Counsel assisting the commission Mark Costello had suggested Mr McMaster’s company had threatened with defamation a victim who had complained of poor financial treatment

In his company profile, Mr McMaster said he was 'responsible' for 'ensuring Dover gave 'clear, concise and effective advice that is in the client’s best interests'

In his company profile, Mr McMaster said he was ‘responsible’ for ‘ensuring Dover gave ‘clear, concise and effective advice that is in the client’s best interests’

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