Regulatory Alerts2026-02-13
Charge against NSW director dismissed
The Office of the Director of Public Prosecutions (Cth) dismissed a charge against Mark Stevens, a director of MWCLMS Pty Ltd, following a referral from ASIC. Stevens was acquitted on 5 February 2026 after a four-day hearing at the Downing Centre Local Court for allegedly causing financial disadvantage by deception under the Crimes Act 1900 (NSW). This decision concludes the prosecution initiated after his initial appearance in July 2024.
A charge laid against director Mark Stevens of Kurraba Point, NSW, has been dismissed.
Mr Stevens had been charged with dishonestly causing a financial disadvantage by a deception contrary to section 192E(1)(b) of the Crimes Act 1900 (NSW) while he was the director of MWCLMS Pty Ltd (in Liquidation).
Mr Stevens was acquitted on 5 February 2026 after a four-day hearing in the Downing Centre Local Court.
The matter was prosecuted by the Office of the Director of Public Prosecutions (Cth) (CDPP) following a referral from ASIC.
Background
Mr Stevens’ first appearance at the Downing Centre was in July 2024 ( 24-168MR ).