Terracom to pay $7.5M after whistleblower action

MANAGEMENT

ASIC’s first enforcement outcome for contraventions of whistleblower provisions

ASIC has had a win over Terracom.

ASIC has had a win over Terracom. | Credits: Shutterstock

Terracom is to pay a $7.5 million penalty for whistleblower victimisation following a Federal Court case brought by the Australian Securities and Investments Commission. ASIC says this is its first…

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