Insolvency Practitioners And Missing Moneys – On-Line Regulation Required

Peter Murray of Murrays Legal questions how former liquidator Mr Peter Amos was able to, as alleged by ASIC, take close to $2.5 million from liquidations and deeds of company arrangement administrations over a period of more than 6 years and argues that online access by regulators to insolvency practitioners’ files, along with the use of AI, may be the keys to preventing a similar situation from happening in future.