Brief: SIV Capital Says ASIC Accepted Enforceable Undertaking Offered By SIV And Gogetta
10/08/2020 02:51
Aug 10 (Reuters) - Siv Capital Ltd SIV.AX :
* ASIC HAS ACCEPTED AN ENFORCEABLE UNDERTAKING OFFERED BY
SIV AND
GOGETTA
* SIV & GOGETTA COMMIT TO COMPREHENSIVE REMEDIATION PROGRAM
FOR
AFFECTED CUSTOMERS TO BE OVERSEEN BY INDEPENDENT REMEDIATION
CONSULTANT
* UNDERSTANDS ASIC WILL SHORTLY COMMENCE PROCEEDINGS IN
COURT
AGAINST GOGETTA FOR ALLEGED BREACHES OF NATIONAL CREDIT ACT
* ALLEGED BREACHES IN RELATION TO 10 CUSTOMERS WHO ENTERED
MOTOR
VEHICLE LEASES WITH GOGETTA IN 2015 AND 2016
Source text for Eikon: ID:nASX6t2QqT
Further company coverage: SIV.AX
((Reuters.Briefs@thomsonreuters.com;))
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