THE former boss of WAW Credit Union is fighting a criminal charge laid following an investigation by the Australian Securities and Investments Commission.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
It’s alleged he failed to exercise his duties in good faith and in the best interests of the corporation, after allegedly failing to disclose information about voting irregularities.
An internet address was used to cast 627 ballots in the November 2015 board elections, which were run to fill two vacant positions.
The irregular voting resulted in Timothy Frazer wrongly being elected to the board.
The board took steps to identify the owner of the internet address and investigated the election process.
It’s alleged Challis, 59, knew who the owner of the internet address was and failed to notify the board.
His offending allegedly occurred between about February 15 and June 14 in 2016.
He resigned as chief executive in September 2016.
YOU MIGHT ALSO LIKE:
Wodonga Magistrates Court on Tuesday heard 10 witnesses will be cross-examined during a committal in May, which will determine if there is enough evidence for Challis to stand trial.
Challis argues members of the board already knew the owner of the address.
The 59-year-old’s lawyer said a check through Telstra could have identified the owner.
Staff from Crowe Horwath, who investigated the matter, will be called to give evidence.
A federal prosecutor said they were opposed to one of the staff members giving evidence, but magistrate Ian Watkins said she could be cross-examined.
The committal is scheduled to run for four days, starting in May 20.
- You can now receive updates straight to your inbox each morning from The Border Mail. Sign up here
