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Serial pest hijacks ASIC case

James Frost
James FrostFinancial services writer

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A man described by the information regulator as a vexatious applicant is once again tying up resources and potentially delaying a landmark case by inserting himself into proceedings over the multi-billion dollar fees for no service scandal.

Phillip Charles Sweeney has filed an affidavit as an interested person in the matter between the Australian Securities and Investments Commissioner and NAB – the first major piece of litigation launched by the corporate regulator against a bank for charging fees it had no entitlement to.

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    Original URL: https://www.afr.com/companies/financial-services/serial-pest-hijacks-asic-case-20190730-p52c7v