AAP General News (Australia)
08-12-2011
QLD:Still no trial date for ABC's Eddie Groves
BRISBANE, Aug 12 AAP - Former ABC Learning Centres boss Eddy Groves is expected to
learn next week when he will stand trial on a charge relating to the collapse of Australia's
biggest childcare chain.
Groves was committed in February in the Brisbane Magistrates Court to stand trial on
one count of breaching the Corporations Act by using his position dishonestly as a director.
Former ABC CEO Martin Vincent Kemp will also stand trial with Groves after being committed
last month on two counts of breaching the Corporations Act.
The Australian Securities and Investments Commission is alleging Groves and Kemp engaged
in a dishonest deal just months before the company's collapse.
The charges arose from a two-year investigation after ABC Learning collapsed beneath
$1.6 billion of debt in November 2008.
Their cases were set down for mention in the Brisbane District Court on Friday, where
a trial date was to be set.
But because of scheduling clashes between the Crown and defence, chief Judge Patsy
Wolfe adjourned the matter for further mention next Friday.
AAP ka/crh/jnb
KEYWORD: GROVES
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