Business
ASIC deputy throws Shipton under bus – The Australian Financial Review
ASIC boss James Shipton did not tell senior colleagues for more than a year that the Auditor-General had raised concerns about a housing allowance of almost $70,000…
The matter was raised by the auditor at a “very high level” with the sole “Accountable Authority” who is Mr Shipton as the head of ASIC and “it does raise issues of disclosure to the commission at that time of the detail last year”.
“I think you are asking me a question that should be put to Mr Shipton,” she said. “It’s fair to say we did not have a full information set.”
She also said that Mr Crennan had released a “very carefully drafted” resignation statement on Monday, which noted that after…
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