Medibank Private sale 'tantamount to theft', says founder

By Phillip Thomson
Updated March 28 2014 - 3:08pm, first published 12:40pm
Finance Minister Mathias Cormann announces the sale of Medibank Private on Wednesday. Photo: Andrew Meares
Finance Minister Mathias Cormann announces the sale of Medibank Private on Wednesday. Photo: Andrew Meares

The public servant who created Medibank Private has lashed out at the federal government by saying its plan to sell the business and keep the profits is tantamount to theft from its customers.

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