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Showing 131 - 140 of 342 results for "Investigations"

Catherine Brenner case dropped

ELIZABETH MCARTHUR, ANNABELLE DICKSON  |  TUESDAY, 11 AUG 2020
... but less than 50 matters in relation to AMP. Deputy chair of the committee Andrew Leigh asked Crennan how many investigations into AMP ASIC is currently pursuing. "There's a significant number of matters," Crennan said. "Significant spanning 5, 50? What ...

Alex Wade leaves AMP

JAMIE WILLIAMSON  |  THURSDAY, 6 AUG 2020
... group's decision to no longer honour their Buyer of Last Resort (BOLR) agreements. ASIC currently has five investigations into AMP ongoing and has briefed the Commonwealth Director of Public Prosecutions on a number of matters, ASIC deputy chair ...

Another sentenced in ATO fraud

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... the payroll services company, Plutus Payroll, and one of the architects of the fraudulent scheme. AFP commander investigations eastern command Kirsty Schofield said Operation Elbrus has involved years of dedicated work for investigators. "Taxation fraud ...

Westpac discovers additional transaction irregularities

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... Westpac has been notified by AUSTRAC that it may amend its statement of claim to include allegations arising from its investigations into these TTR issues." Westpac is expected to cough up a $1.5 billion penalty over the breaches arising from the AUSTRAC ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... Operation Elbrus. Hammond's sentencing marks the fourth sentencing outcome for the operation. AFP commander investigations eastern command, Kirsty Schofield, said investigating complex fraud matters requires dedication, tenacity and an ongoing commitment ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... APRA has delegated some of its enforcement powers to the corporate watchdog, as the two agencies continue their investigations into AUSTRAC's allegations against Westpac. To limit any overlap, the prudential regulator will hand over responsibilities ...

Sargon liquidators in talks with litigation funder

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... about $162 million) to contact them by June 5 if they want to fund a deeper dig into the company, including public investigations of its directors. Their call came as the liquidators had identified a potential insolvent trading claim. Wexted did not ...

ASIC quietly granted new access to phone taps

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
... and Access) Act in February this year the regulator can receive intercepted information for the purpose of its investigations. Prior to this, ASIC could not receive any intercepted information for the purpose of aiding its investigations. The intercepted ...

38 staff punished over AUSTRAC scandal: Westpac

ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
Westpac has confirmed 38 staff copped a range of remuneration consequences as a result of the bank's investigations into the AUSTRAC scandal. In a statement, the bank confirmed it should have recognised the faults in its systems earlier. "The report ...

Sargon liquidators want to dig deeper

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... has asked Sargon's creditors, of which there are 23, to contact them by June 5 if they want to fund further investigations into the company. "In the event creditors do not wish to fund the liquidator's investigations, we may seek litigation funding ...