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Super misled corporate regulator

Thursday 19 April 2018

Sydney Morning Herald

The Sydney Morning Herald (SMH) reported that AMP has ‘misled’ the Australian Securities and Investments Commission (ASIC) on twenty occasions.

The SMH also reported that AMP interfered with the drafting of an independent report.

Michael Hodge QC revealed to the royal commission that Clayton UTZ, commissioned to do the report, had provided 25 different drafts that resulted in ‘detailed changes being made.’ One of these changes included the removal of the outgoing Chief Executive, Craig Meller.