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Showing 591 - 600 of 1643 results for "Investigation"

Sargon liquidators in talks with litigation funder

KANIKA SOOD  |  MONDAY, 15 JUN 2020
Sargon Capital's liquidators have found no takers for its May 22 call to creditors for extra funding to dig deeper into the company's affairs, and are now talking to a litigation funder. On May 22, Wexted Advisors asked Sargon Capital's 23 creditors ...

FSU calls for NAB staff to audit pay

ALLY SELBY  |  MONDAY, 15 JUN 2020
... The Finance Sector Union of Australia has called on NAB staffers to audit their own pay, as the bank kicks off an investigation into staff underpayments. It comes after NAB announced last week it would be launching an independent investigation into staff ...

Hold super accountable for miners' actions: Future Super

HARRISON WORLEY  |  THURSDAY, 11 JUN 2020
... with the company to better understand what happened in this particular case and await the findings of a company investigation into this event, which will be done with the local Traditional Owners," the fund said. UniSuper has also funded the Bankwest ...

ASIC quietly granted new access to phone taps

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
... An ASIC spokesperson explained the regulator can now receive and use intercepted material for the purpose of an investigation by ASIC into a serious offence. "'Serious offence' is defined under the Telecommunications (Interception and Access) Act 1979 ...

IFM Investors hits back at MP demanding probe

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
... Tim Wilson, rejecting the latter's claims of a conflict of interest in IFM's business and the demand for an APRA investigation into industry funds. Last month, Wilson wrote to APRA asking it to investigate industry superannuation funds' use of services ...

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
Sargon Capital's liquidators are looking for extra funding to dig deeper into the company's transactions, potential claims and the possibility of a dividend payment to creditors. Wexted Advisors has asked Sargon's creditors, of which there ...

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... member we are conducting our own review into any potential association between Grow and the business and people under investigation. Two employees have stepped aside pending the result of this." Grow did not name the other two employees who have stepped ...

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
... Fund's investors." The Mayfair 101 Group said it has been suffering under the twin pressures of COVID-19 and an ASIC investigation. "The recent overreaching actions of ASIC with respect to the advertising of Mayfair Platinum's two debenture products ...

APRA urged to probe industry funds

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest. Wilson, who chairs the House of Representatives' Standing ...