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Regulatory

Former director pleads guilty to super misuse

Mudasir Mohammed Naseeruddin has pleaded guilty to misconduct charges after he encouraged investors to move their super into a self-managed superannuation fund (SMSF) to lend those funds to his two companies.

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Read more: ASIC,  Mudasir Mohammed Naseeruddin,  Secure Investments Pty Ltd,  Aquila Group Pty Ltd.,  Commonwealth Director of Public Prosecutions