The corporate regulator has failed to sufficiently prove Jan Cameron’s awareness of or control over a complex scheme designed to keep a shareholding in baby formula company Bellamy’s Australia private, according to her lawyers.
The Australian Securities and Investments Commission has alleged Ms Cameron – through a series of offshore vehicles in Malaysia and the Dutch Caribbean island of Curaçao – controlled 14 million Bellamy’s shares.
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Max Mason covers insolvency, courts, regulation, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max's journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
