Ellison Stays On Amid ASIC Wrap-Up | Sydney News

ASIC has dropped enforcement action against Mineral Resources and founder Chris Ellison after investigating tax evasion, related-party deals, and misuse of company assets — but the fallout isn’t over: Ellison’s leadership transition is now a three-stage plan as he stays on past his original exit date, following a $3.8 million offshore tax penalty and near-resignation drama.

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