Retail group Harvey Norman has confirmed that the Australian Securities and Investments Commission is investigating its 2016 accounts, after a dramatic intervention by the regulator on Wednesday evening.
Harvey Norman finance director Chris Mentis had issued a statement to the ASX on Tuesday denying a report by AFR Weekend which said ASIC was investigating. Mr Mentis said the Financial Review report contained "false statements and assumptions".
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Neil Chenoweth is an investigative reporter for The Australian Financial Review. He is based in Sydney and has won multiple Walkley Awards. Connect with Neil on Twitter. Email Neil at nchenoweth@afr.com.au
