ASIC announced today that it was bringing civil charges against the former executive and non-executive directors of collapsed property group Centro, alleging they failed to correctly classify $1.54 billion of interest-bearing liabilities.
Andrew scott
Corporate Australia’s hypocrisy on CEO payouts
Despite the compelling logic of the Federal Government’s proposed changes to executive termination laws, large corporations and lobby groups have gone on the attack.
The Centro crack-up, one year on
It was a year ago this week that the credit crunch finally and conclusively bit Australian markets, writes Glenn Dyer.
