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Smash repairer finessed oversight after related-party deal

Liam WalshReporter

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Smash repair giant AMA Group, the subject of allegations about a blow-up over boardroom conflicts of interest, quietly introduced a new policy for handling conflicts and a protocol for related-party transactions.

The conflicts of interest and related-party transaction policy was introduced in March last year, according to notes under the heading “Non-Executive Director Remuneration” on page 37 of AMA’s annual report.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/companies/transport/smash-repairer-finessed-oversight-after-related-party-deal-20210205-p5702m