ASIC bans former director of Provident Capital Limited

ASIC bans former director of Provident Capital Limited
ASIC bans former director of Provident Capital Limited

ASIC has banned Mr Trevor John Seymour, a former director of Provident Capital Limited, from managing corporations for three years and providing financial services for three years.

Mr Seymour was a director of Provident Capital from 25 May 1998 to 17 December 2013. Provident Capital went into receivership on 3 July 2012 and into liquidation on 24 October 2012.

Mr Seymour has filed an application with the Administrative Appeals Tribunal (AAT) for a review of ASIC's decision.

ASIC’s investigation is continuing.

 

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