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A director who failed to produce his company’s books to the corporate regulator has been charged in a Queensland court.
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Queensland director charged after phoenix surveillance
02 April 2019
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Darren John Blinco, of Logan, Queensland has appeared before the Beenleigh Magistrates Court charged with failing to produce books to ASIC.
Mr Blinco, a director of We Just Grind It Vegetation Management Pty Ltd, was the subject of a phoenix surveillance campaign in October 2017.
As part of its surveillance activities, ASIC served a notice to the company requiring it to produce books about its affairs by 7 November 2017, under section 30 of the ASIC Act 2001.
After failing to comply with the first notice, ASIC subsequently served the company with a second notice, with which the company again failed to comply by the required date.
Mr Blinco was charged with intentionally aiding and abetting the company to fail to comply with the requirement to produce books to ASIC.
The matter was adjourned for further mention on 5 April 2019 at the Beenleigh Magistrates Court.
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The Phoenix Taskforce, first established in 2014, recently underwent an audit by the Australian National Audit Office, accepting several recommendations to improve its performance and cohesion.
The Phoenix Taskforce comprises 34 federal, state and territory government agencies, including the ATO, ASIC, Department of Jobs and Small Business, and the Fair Work Ombudsman, with the aim to provide a whole-of-government approach to identify, disrupt and prosecute those who engage in or facilitate illegal phoenix activity.
The ATO has also since revealed that it has collected over $500 million as a result of audits of illegal phoenix operators since 2014.
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