Business
ASIC deputy chairman quits following expenses scandal – Sydney Morning Herald
The corporate watchdog’s deputy chair Daniel Crennan has resigned after it emerged he claimed nearly $70,000 from taxpayers to cover rent.
“The government thanks Mr Crennan for his service and the important work he has undertaken during his time as deputy chair,” the Treasurer said.
Finance Minister Mathias Cormann told Senate estimates Mr Crennan had not been asked to resign.
Mr Crennan said he had agreed to a request from Mr Shipton in October 2018 that he move from Melbourne to Sydney “because of the higher number of commissioners in Melbourne”.
“ASIC agreed to pay me a relocation package which included a rental allowance. I was…
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