Damian Bugg DPP statement here: http://www.cdpp.gov.au/Media/Releases/20050728mr.aspx

(From ABC Radio’s PM)JEREMY COOPER: We did not drop any charges against Vizard as part of
negotiations we had with his lawyers. Nor did we agree to drop criminal
if he admitted to civil. I also want to make it absolutely clear
that if criminal charges had been available, we would have brought
them. ASIC believes that Mr Vizard’s actions were serious – a
deliberate breach of trust – and should attract penalties at the high
end of the scale. And we said this justified a banning of between seven
and 12 years.
(From the Herald Sun)
He cited the reluctance of a key witness – believed to be
accountant Greg Lay – to sign a voluntary witness statement as the
main problem with bringing criminal charges.

Peter Fray

Get your first 12 weeks of Crikey for $12.

Without subscribers, Crikey can’t do what it does. Fortunately, our support base is growing.

Every day, Crikey aims to bring new and challenging insights into politics, business, national affairs, media and society. We lift up the rocks that other news media largely ignore. Without your support, more of those rocks – and the secrets beneath them — will remain lodged in the dirt.

Join today and get your first 12 weeks of Crikey for just $12.

 

Peter Fray
Editor-in-chief of Crikey

JOIN NOW