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Criminal charges filed against Visy exec.(FACES IMPRISONMENT)

The Australian Competition and Consumer Commission (ACCC) has launched criminal proceedings against Visy executive Richard Pratt for allegedly providing false or misleading evidence hi the course of ml investigation. A summons requires Pratt to appear before the Federal Court in Australia on July 7.

Pratt was one of several Melbourne, Australia-based Visy executives investigated in 2005 for alleged cartel conduct in the corrugated board packaging industry. That inquiry resulted in civil ...

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