The Senate has ordered Treasury to hand over findings of an investigation into the behaviour of ASIC deputy chairwoman Karen Chester.
The Senate has ordered Treasury to hand over findings of an investigation into the behaviour of Australian Securities and Investments Commission deputy chairwoman Karen Chester; the latest development in a saga that continues to damage the reputation of the corporate watchdog.
Until that point, findings of the investigation were tightly held by a small group, including Ms Chester, ASIC chairman Joe Longo and senior Treasury officials, who all declined to answer questions from this masthead. “It was untenable for ASIC and Treasury to conceal an investigation where almost $200,000 of taxpayer funds were spent, and the findings remain unknown.”
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