The Australian Securities and Investments Commission (ASIC) has disqualified Melbourne-based director Veronica Roberts from managing corporations for five years, following her involvement in four failed Victorian construction businesses and findings including insolvent trading and unpaid employee-related liabilities. Ms Roberts was a director of Construction Victoria Pty Ltd, Crete Services Pty Ltd, Titan Victoria Construction Pty Ltd (de-registered) and Empire Plant Hire Pty Ltd between 2018 and 2021. ASIC found failures of care and diligence for Construction Victoria, Crete Services and Empire, including failures to keep proper books and records and trading while insolvent for Construction Victoria and Crete Services, and a failure to assist Empire’s liquidator. Titan was reported to owe AUD 983,000 to four unsecured creditors, and across the four companies unsecured creditor debts were approximately AUD 3.5 million, including AUD 1.2 million for unpaid wages, superannuation and employee entitlements. The disqualification runs until 2 September 2030, and Ms Roberts may seek review of ASIC’s decision by the Administrative Review Tribunal.
Australian Securities & Investments Commission 2025-10-01
Australian Securities and Investments Commission disqualifies construction director Veronica Roberts for five years after four company failures and AUD 3.5 million in unpaid debts
The Australian Securities and Investments Commission (ASIC) has disqualified Veronica Roberts from managing corporations for five years due to her involvement in four failed Victorian construction businesses, citing insolvent trading and unpaid employee-related liabilities. ASIC found failures in care, diligence, and record-keeping, with unsecured creditor debts totaling approximately AUD 3.5 million, including AUD 1.2 million for unpaid wages and entitlements. Roberts may seek a review of the decision by the Administrative Review Tribunal.