The Registrar of Indigenous Corporations, Anthony Beven, has noted that Mr Damien Matcham was bankrupted on 15 July 2014 after he filed a debtor’s petition.
On 5 February 2014, the Federal Court in Sydney made orders for the former CEO of the Katungul Aboriginal Corporation Community and Medical Services to pay over $1.2 million in fines and compensation. Mr Matcham was also disqualified from managing Aboriginal and Torres Strait Islander corporations and companies registered with the Australian Securities & Investments Commission (ASIC) for 15 years.
The Federal Court proceedings were commenced by the Registrar in June 2012.
The Registrar had recently commenced bankruptcy proceedings against Mr Matcham but they were ended when Mr Matcham filed a debtor’s petition.
This brings to a conclusion all legal proceedings commenced by the Registrar against Mr Matcham.
Creditors with a claim against Mr Matcham should contact the Official Trustee in Bankruptcy on 1300 364 785.
Background
For further information about this matter please see the Registrar’s media releases of 5 August 2014 (ORIC MR1415-05), 5 February 2014 (ORIC MR1314-25), 11 September 2013 (ORIC MR1314-06) and 29 June 2012 (ORIC MR1112-44) available at www.oric.gov.au.
Media contact
Patricia Gibson
(02) 6146 4743
ORIC MR1415-09
18 September 2014