Leading bankers head to trial over criminal cartel allegations – Sydney Morning Herald

For corporations, the maximum fine for each criminal cartel offence is the greater of $10 million, or three times the total benefits that have been obtained and are reasonably attributable to the commission of the offence. If the total value of the benefits cannot be determined, then the court can fine the company as much as 10 per cent of its annual turnover from Australian operations.
The case will be heard in the Federal Court at a date to be set.
The charges were laid in 2018 following an investigation…

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