ANZ Banking Group has slammed a decision by the ACCC to escalate concerns that one of its key cartel witnesses was not being “full and frank”, claiming this was a way to put pressure on the witness and bring his evidence into line.
The ACCC’s investigatory techniques have come under fire during a hearing over an alleged criminal cartel agreement between ANZ and two investment banks, with a barrister for one of the banks suggesting investigators from the regulator deliberately did not take notes during hundreds of days of witness interviews to avoid disclosure.
Ardent Leisure, which operates the Dreamworld theme park in Queensland, has been hit with three charges over four deaths that occurred at the theme park in 2016 following a ride malfunction.
Despite receiving immunity in a criminal cartel case against ANZ and two other investment banks, JPMorgan has disputed the existence of any cartel agreement since the early days of the ACCC’s investigations, a court has heard.
Queensland politician and mining magnate Clive Palmer has been hit with criminal charges for allegedly using his position as director of Minerology to allow $12 million in transfers for unauthorised purposes, including to support his party’s political ambitions.
A former Sydney liquidator has been charged with dishonesty offences and faces possible jail time after allegedly misappropriating almost $240,000 from company bank accounts.
Police have arrested Titus Day, the former manager of pop star Guy Sebastian, over allegations he duped the singer out of $1.15 million over seven years.
An Australian arm of French banking powerhouse Société Générale has pleaded guilty to client money offences, after it reported to the Australian Securities and Investment Commission that it had deposited client money into unauthorised bank accounts.
The former company director and CEO of gold exploration company Quantum Resources has been charged with insider trading.
In a defeat to the Australian Securities and Investments Commission, a judge has found a key witness in the trial against former Quintis director Frank Wilson must give evidence in person, delaying the hearing indefinitely until coronavirus-related travel restrictions are lifted.