The Australian High Court has ordered five investment schemes run by Avestra to close down after discovering undisclosed related-party transactions, with 13 potential breaches of corporate law and failure to invest according to the fund's individual mandates.
Mahkamah Tinggi Australia memerintahkan penutupan lima skema investasi Avestra setelah menemukan transaksi pihak terkait rahasia dengan 13 dugaan pelanggaran hukum perusahaan dan kegagalan berinvestasi sesuai mandat individu perusahaan.