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Former Provident Capital MD still banned but allowed procedural fairness

The Federal Court has upheld ASIC's five-year disqualification of the former managing director at Provident Capital but found the Administrative Appeals Tribunal denied the MD procedural fairness in its hearing.

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Read more: ASICAATAdministrative Appeals TribunalProvident Capital MDFederal Court Justice Nye PerramMichael Roger O'SullivanAdelaide BankAustralian Executor Trustees LimitedBendigoFixed Term Investment Portfolioother ProvidentPPB Advisory