Friday 6 April 2018
18-093MR Queensland lawyer charged with misleading investigation
Following an ASIC investigation, Queensland lawyer Ms Mary-Anne Greaves, 52, of Mount Sheridan, appeared before the Brisbane Magistrates’ Court on 6 April 2018 charged with three counts of giving false or misleading information to ASIC during an examination under oath in June 2016.
The examination of Ms Greaves was part of an investigation being conducted by ASIC into a takeover bid made in 2015 by G8 Education Limited (
G8 Education) for Affinity Education Group Limited (
Affinity).
Under section 64(1) of the ASIC Act, the maximum penalty for giving false or misleading information during an ASIC examination is two years imprisonment, 100 penalty units, or both.
The charges have been listed for mention at the Brisbane Magistrates’ Court on Friday, 8 June 2018.
The matter is being prosecuted by the Commonwealth Director of Public Prosecutions.
Background
G8 Education is a childcare provider listed on the Australian Securities Exchange.
In July and August 2015, G8 Education announced takeover bids for all the shares in Affinity, which was, at the time, also an ASX-listed company. On 5 October 2015, the Takeovers Panel made a declaration of unacceptable circumstances in relation to the takeover bids.
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Last updated: 06/04/2018 10:31
