media release (16-382MR)

ASIC statement on Mahmoud Daher

Published

An ASIC employee, Mahmoud Daher, has appeared in Sydney's Downing Centre Local Court today charged with unauthorised access to restricted data contrary to subsection 478.1(1) of the Criminal Code Act 1995 and making a false document contrary to section 138(1) of the Anti-Money Laundering and Counter Terrorism Financing Act 2006. 

The charges follow an investigation by the Australian Federal Police (AFP) and the offences are punishable by up to two years' and 10 years' imprisonment respectively.

Mr Daher was arrested and charged on 20 October 2016. He was subsequently released on bail to appear today.

Mr Daher has been suspended from ASIC without pay.

ASIC has worked closely with the AFP in this investigation.

At this point there is no indication that the alleged offences the subject of this matter involved any of ASIC's regulatory operations or enforcement activities.

As this matter is before the courts, it is inappropriate for ASIC to comment further.

 

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