1. an investigation of ethical
... South Wales judge froze the assets and multi-million-dollar fortunes of three key figures in the collapsed insurance company HIH. NSW Supreme Court documents revealed the nation's corporate watchdog was investigating "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,...
- Word Count: 2442
- Approx Pages: 10
- Grade Level: Undergraduate