A Queensland lawyer is among two people charged with giving false or misleading information to ASIC during an examination under oath in an investigation regarding a business takeover.
Mary-Anne Greaves, 52, appeared before the Brisbane Magistrates Court today (6 April 2018) where she was charged with three counts of giving false or misleading information to the corporate regulator during an examination under oath in June 2016.
According to a statement on the ASIC website, the examination of Ms Greaves was part of an investigation being conducted into a takeover bid made in 2015 by G8 Education Limited for Affinity Education Group Limited.
“Under section 64(1) of the ASIC Act, the maximum penalty for giving false or misleading information during an ASIC examination is two years' imprisonment, 100 penalty units, or both,” the ASIC statement said.
“The matter is being prosecuted by the Commonwealth Director of Public Prosecutions.”
Ms Greaves’ LinkedIn page lists her as general counsel/company secretary of a privately held company. Prior to this, she was company secretary/legal counsel for Michael Hill International Limited.
David Justin Burke was also charged with five counts of the same offence related to the same investigation.
Both are scheduled to again face the Brisbane Magistrates Court on Friday, 8 June 2018.
Takeover bids were also central to billionaire businessman Clive Palmer recently being charged, although his alleged offence is different to those outlined above.
Adam Zuchetti is the editor of My Business, and has steered the publication’s editorial direction since early 2016.
- Marketers need to reclaim the art of explaining value
By James Lawrence
- ATO’s 37% tax on Christmas festivities
By George Morice
- Performance anxiety not just a bedroom thing
By Dr Louise Mahler