-Former chief financial officer and finance manager sentenced for conspiracy to falsify accounts by AIC

-Former chief financial officer and finance manager sentenced for conspiracy to falsify accounts by AIC

Australia

  • 10/24/2017
  • Suspension
  • Australian Securities and Investments Commission
Misconduct

Detail

Mr Glyn Leonard Raines, the former Chief Financial Officer of Hastie Services Pty Limited, (Hastie Services) (in external administration) has been sentenced to two years imprisonment to be served by way of an intensive corrections order on charges brought by ASIC.

Mr Raines' sentence was finalised on 20 October 2017 in the District Court of New South Wales, having earlier pleaded guilty to two charges of conspiracy to falsify the books and records of Hastie Services and one charge of conspiracy to give false or misleading information to an auditor.

 

 

 

Source Link

http://asic.gov.au/about-asic/media-centre/find-a-media-release/2017-releases/17-356mr-former-chief-financial-officer-and-finance-manager-sentenced-for-conspiracy-to-falsify-accounts/