An ex-Rentokil supply manager has admitted that payments from the pest control company totalling $3.2 million were sent to his bank accounts but has denied this was part of a fraudulent invoicing scheme.
Mobility equipment provider Country Care has taken a law firm to court claiming it gave negligent advice and was responsible for an ACCC price-fixing investigation and subsequent criminal cartel charges.
Former NSW Labor Minister Ian Macdonald has been sentenced to at least five years in prison, and Eddie Obeid and his son Moses will go to jail for a non parole period of three years for their conspiracy to rig a tender process and secure a coal mining exploration licence for the Obeids’ land in the Bylong Valley.
Engineering services firm CIMIC Group has launched proceedings against ten insurers seeking indemnity for costs arising from allegations the company engaged in corrupt practices, including bribing government officials in Iraq.
The Federal Court has issued an arrest warrant for Forum Finance founder Bill Papas for contempt of court for allegedly transferring $720,000 out of one of his companies in breach of a freezing order.
The CEO and founder of Euro Pacific Bank, Peter Schiff, has launched a defamation lawsuit against the Nine Network over a 60 Minutes episode that allegedly implied he “facilitated the theft of millions of dollars from the Australian people” by assisting customers to commit offshore tax fraud.
The former CEO of failed coconut water venture CoCo Joy, which once sponsored the Manly-Warringah Sea Eagles NRL team, faces charges he managed the company while disqualified due to bankruptcy.
Five enforcement officers of the Australian Competition and Consumer Commission will be cross-examined by lawyers for banks facing price fixing charges over their conduct following ANZ’s $2.5 billion capital raising six years ago.
The Australian Securities and Investments Commission has cancelled the licence of embattled former accountant Vanda Gould.
Westpac will serve court documents, including a motion for contempt, on Forum founder Bill Papas by text message after securing a Greek mobile number for the absent accused fraudster, as the judge overseeing the bank’s case pulled up Papas’ former lawyer for treating his courtroom like a “suburban golf club”.