1. an investigation of ethical
... "suspect" transactions totalling $22 million and reinsurance arrangements of more than $180 million. The Australian Securities and Investments Commission has alleged that the three men - HIH founder and former chief executive Raymond Williams, chief financial officer Domenic Fodera and former director Rodney Adler - breached their duties by showing a lack of good faith, care and diligence for HIH's assets. They acted ... - recently estimated to be worth $80 million on the BRW Rich List - had no properties in NSW or cars. Mrs Adler owned a car and $12 million harbour-front mansion. ASIC a...
- Word Count: 2442
- Approx Pages: 10
- Grade Level: Undergraduate