Former health minister under investigation
3rd September 2012
By Paul Smith
Former federal health minister Dr Michael Wooldridge faces being banned from corporate appointments over claims he breached his duties as a director when overseeing a failed retirement village company.
Dr Wooldridge, who was health minister from 1996 to 2001, was one of the non-executive directors of Australian Property Custodian Holdings Ltd (APCHL).
The Australian Securities and Investment Commission (ASIC) — the corporate watchdog — announced last week it was launching action in the Federal Court of Australia to disqualify five former