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Dołączył: 27 Cze 2013
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 Wysłany: Pon 2:26, 26 Sie 2013 Temat postu: Former James Hardie executives banned-spun5 |
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Former James Hardie executives banned
JAMES Hardie former leader Peter Macdonald has been suspended from building a company for 15 years and fined $350,[link widoczny dla zalogowanych],000 for breaching the Corporations Act.
In the NSW Top court today, Justice Ian Gzell singled out Mr Macdonald for that harshest penalty as he imposed fines and bans on former directors for breaches from the Act.
In April,[link widoczny dla zalogowanych], he found that Mr Macdonald, two former James Hardie executives and seven non-executive directors breached the Act throughout the advance of an asbestos compensation rely upon 2001,[link widoczny dla zalogowanych], and a corporate restructure in 2003.
An announcement approved by the board of James Hardie in February 2001 was found to contain deceptive and misleading comments concerning the company's capacity to meet its compensation liabilities for asbestos sufferers,[link widoczny dla zalogowanych].
Corporate watchdog ASIC had asked the court to disqualify Mr Macdonald for up to 16 years and fine him between $1,[link widoczny dla zalogowanych].47 million to $1.81 million,[link widoczny dla zalogowanych].
Justice Gzell disqualified Peter Shafron,[link widoczny dla zalogowanych], the former general consul of James Hardie, for seven many fined him $75,[link widoczny dla zalogowanych],000.
Former chief financial officer Phillip Morley was fined $35,[link widoczny dla zalogowanych],000 and disqualified for five years.
The non-executive board members,[link widoczny dla zalogowanych], including Meredith Hellicar and Telstra director Peter Willcox, were each fined $30,000 and banned from managing a company for five years.
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