Regulatory Alerts2025-07-15
Former BBY Executive Chairman Glenn Rosewall Charged Over Misuse of $1.95 Million Client Money
ASIC has charged former BBY Limited Executive Chairman Glenn Rosewall with aiding the company's dishonest use of $1.95 million in client funds to pay an unrelated corporate invoice between March and May 2015. The charges, arising from an ASIC investigation and prosecuted by the CDPP, allege violations of the Corporations Act 2001 and the Criminal Code. Rosewall has been committed for trial in the District Court of New South Wales, with the matter adjourned to 29 June 2026.
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