A charge laid against director Mark Stevens of Kurraba Point, NSW, has been dismissed.

Mr Stevens had been charged with dishonestly causing a financial disadvantage by a deception contrary to section 192E(1)(b) of the Crimes Act 1900 (NSW) while he was the director of MWCLMS Pty Ltd (in Liquidation).

Mr Stevens was acquitted on 5 February 2026 after a four-day hearing in the Downing Centre Local Court.

The matter was prosecuted by the Office of the Director of Public Prosecutions (Cth) (CDPP) following a referral from ASIC.

Background

Mr Stevens’ first appearance at the Downing Centre was in July 2024 (24-168MR).