White-collar crime goes unpoliced due to lack of funds: ASIC boss
Ronald MizenSenior reporter
Corporate watchdog chairman Joe Longo says he would love to run more court cases against badly behaving companies and dodgy directors, but his hands are tied because he does not have enough money.
Mr Longo on Tuesday was asked why the public lacked confidence in the Australian Securities and Investments Commission’s efforts to police the business world.
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Ronald Mizen reports on politics, economics, business and the law, with a focus on corporate regulators, lobbyists and investigations from Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com
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