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Corey and Prue Ireland to defend ASIC charges over company books

NSW Angus breeders Corey and Prue Ireland have entered not guilty pleas in the court case brought by the Australian Securities and Investments Commission.

Corey and Prue Ireland have entered not guilty pleas in a criminal case brought by the Australian Securities and Investments Commission over not handing their Angus breeding company’s books to liquidators
Corey and Prue Ireland have entered not guilty pleas in a criminal case brought by the Australian Securities and Investments Commission over not handing their Angus breeding company’s books to liquidators

ANGUS breeders Corey and Prue Ireland have entered not guilty pleas over the charges brought by the Australian Securities and Investments Commission for failing to hand over their business’ books to a liquidator.

In a hearing in the Sutherland Local Court in southwest Sydney, the matter was adjourned to a hearing on December 2.

The case is believed to relate to Irelands’ family trust company CD & PJ Ireland Pty Ltd, which was placed into liquidation on November 14, 2019.

Mr and Ms Ireland were both directors of the company, which held the assets of their business at Kyeamba in NSW, operating as Irelands Angus.

Under the Corporations Act, directors must hand over all books to a liquidator if their company is placed in liquidation.

In January, Ms Ireland disputed the charge against her, saying the books were handed to liquidators in mid-2020.

“I have done nothing wrong,” she told The Weekly Times.

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Original URL: https://www.weeklytimesnow.com.au/news/corey-and-prue-ireland-to-defend-asic-charges-over-company-books/news-story/c1f8ff3830520b2cefc27acc7ab2f0de