Business, Mining, Australia news Business | The Guardian
Billionaire mining executive made headlines earlier this year when he said of workers ‘I want to hold them captive all day long’ in officeFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastMineral Resources has conceded its processes to manage related party transactions “were not as good as they could have been” after revealing the miner provided rent relief to corporate entities linked to the daughter of its embattled chief executive, Chris Ellison.MinRes said in an ASX notice late on Thursday that it had now cancelled the rent subsidies and required the repayment of $158,000 from the companies.Sign up for Guardian Australia’s breaking news email Continue reading…
Billionaire mining executive made headlines earlier this year when he said of workers ‘I want to hold them captive all day long’ in office
- Follow our Australia news live blog for latest updates
- Get our breaking news email, free app or daily news podcast
Mineral Resources has conceded its processes to manage related party transactions “were not as good as they could have been” after revealing the miner provided rent relief to corporate entities linked to the daughter of its embattled chief executive, Chris Ellison.
MinRes said in an ASX notice late on Thursday that it had now cancelled the rent subsidies and required the repayment of $158,000 from the companies.
