Billionaire Richard White has moved to distance himself from some questionable private property deals as the board of the company he founded, WiseTech Global, holds crisis talks following further allegations of inappropriate behaviour by White.
The global logistics software company is currently in a trading halt, with the board telling the market it hoped to provide an update on “governance issues” by Monday at the latest.
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Max Mason covers financial crime, courts 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
