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April 29, 2009

ACCC v Pratt criminal charges dropped

The perjury charges against Richard Pratt for providing false or misleading evidence in the course of ACCC's investigation into Visy's cartel conduct in the corrugated fibreboard packaging industry were discontinued on 27 April.

The Federal Court judge had ruled that the statement of agreed facts used to settle the civil cartel action could not be used as evidence.

It was also announced that Mr Pratt was terminally ill.

Richard Pratt passed away on 28 April (ABC News).

UPDATE 30 April: ACCC comments

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Posted 29th April 2009 by David Jacobson in Trade Practices