ASIC seeks $15M penalty against GetSwift after ‘unprecedented’ offshore move

Securities 2022-07-12 11:01 pm By Cindy Cameronne | Sydney

ASIC has called for a $15 million penalty against GetSwift and 12-year bans against its directors, who moved the logistics company overseas as the regulator’s enforcement action was on foot, a move the court on Tuesday said was “unprecedented”.