Business
AMP may face criminal charges by Christmas – The Australian Financial Review
ASIC deputy chair Daniel Crennan reveals more than five current investigations into AMP, including “a number” with the Director of Public Prosections.
It wouldnt be within our practice to identify with any precision how many investigations we have ongoing into any particular entity, Mr Crennan said.
An AMP spokesman said the company would “respond diligently” to any of ASIC’s concerns. ASIC handles its own civil cases, but refers cases to the CDPP when an investigation involves potential criminal matters.
The new court matters will compound the problems facing AMP, which had two separate class action lawsuits filed against it last week, the …
-
Noosa News22 hours agoCommissioner thanks police officer who threw a speed radar at a car
-
Noosa News20 hours agoNo matter what happens in his Origin debut, history beckons for rookie maroon Robert Toia
-
Noosa News20 hours agoDefence investigation finds Taipan pilot’s actions possibly prevented further fatalities in crash
-
General18 hours agoDairy farmers devastated by floods across parts of New South Wales