newtel, page-6

This is the result of one investigation.
Richard Steggall was the person who tried to help out Newtel in its darkest hour.

"Victorian man fined for running company while disqualified
09:15, Thursday, 10 June 2004

Sydney - Thursday -June 10 : (RWE) Mr Richard Steggall, 27
years old of South Yarra, Victoria, was yesterday convicted and fined
$5000 after he pleaded guilty in the Melbourne Magistrates Court to two
counts of managing a corporation while disqualified.
He was also found guilty on three counts of lodging false and
misleading documents with the Australian Securities and Investments
Commission .
As a result of today's conviction, Mr Steggall is automatically
banned from managing corporations for a further five years from
yesterday.
The decision comes following an investigation by ASIC into his
Mr Steggall's role as a director of several companies.
Mr Steggall was banned from managing corporations for five
years from May 12, 2000 following convictions on theft, deception and
other related charges.
However, he acted as a director of Stegtel Trade & Equities Pty
Ltd between September 2000 and February 2002, and acted in a management
role at Broadband & Wireless Pty Ltd between July 2002 and 31 January
2003.
In 2001, Mr Steggall lodged three 'Notification of Change of
Officeholders' forms with ASIC for three separate companies appointing
himself as a director of each company.
The forms he lodged with ASIC contained alias names along with
a false date of birth.
The matter was prosecuted by the Commonwealth Director of
Public Prosecutions.