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AAP
AAP
National
Ethan James

UNBELIEVABLE: Appeal over 14m offshore share hiding guilty ruling | History Defined

The founder of adventure wear company Kathmandu has lodged an appeal after being found guilty of using an offshore company to hide the fact she controlled $14 million worth of shares in a baby formula company.

Jan Cameron was in December found guilty of buying the shares in Bellamy's in 2014 via an entity based on a Dutch Caribbean island and not disclosing the purchase as required to the Australian Securities Exchange.

She was also found to have submitted a misleading substantial shareholder notice in 2017 to the securities exchange in which she didn't list the interest.

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