Veteran trustee and liquidator Daniel Moore has been referred to a disciplinary committee in respect of allegations he breached his statutory and fiduciary duties.
The Queensland-based insolvency practitioner was referred to a disciplinary committee by the Inspector-General in Bankruptcy under part 2, schedule 2 on March 10.
Moore did not respond to requests for comment but a source with knowledge of the matter said the issues involved weren’t easily understood.
“It’s not straightforward, it’s quite a complex matter,” the source, who wished to remain anonymous, said.
The referral came after Moore was issued a show cause notice under s 40-40 of the Schedule on December 3, 2020.
In a statement AFSA said: “The disciplinary committee will convene to consider the material before it and make a decision.
“These decisions may include whether Mr Moore’s registration should continue, continue with conditions, or if his registration should be cancelled.”
Brisbane-based Moore, who’s both a registered trustee in bankruptcy and a registered liquidator, has been in the insolvency game for 30 years and sources say he’s known for having very sound technical competencies.