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Wednesday 19 February 2020

20-039MR Former company director convicted of making false statements to ASIC

Mr Glenn Arthur Hawes of Denham, WA has been convicted for making false and misleading statements in documents lodged with ASIC.

Mr Hawes is a former director of Allison (Aust) Pty Ltd ACN 056 940 437 (Allison), a business involved in marine services.

In June 2015, Mr Hawes lodged a document with ASIC to voluntarily deregister Allison. The Court found that Mr Hawes falsely stated in the document that Allison had no outstanding liabilities when, at the time he lodged the document with ASIC, Allison owed one of its creditors more than $540,000. The Court found that Mr Hawes made a false statement in the document as he was personally aware that Allison had an unpaid debt at the time he lodged the form.

Mr Hawes appeared in the Perth Magistrates Court on 13 February 2020 and was convicted and fined $1,000.

As a consequence of the conviction, Mr Hawes is automatically disqualified from managing corporations until 12 February 2025.

The Commonwealth Director of Public Prosecutions prosecuted the matter.

Background

ASIC commenced an investigation after receiving an unfunded report from the liquidator of Allison, Malcolm Field of Ferrier Hodgson.

Mr Hawes was charged and convicted for breaching section 1308(2) of the Corporations Act 2001.

Last updated: 30/03/2021 09:24