Antitrust Antitrust

Australia's first-ever prison sentences imposed in Vina forex criminal-cartel prosecution (*update)

By Laurel Henning
  • 09 Jun 2022 04:37
  • 09 Jun 2022 06:49
Four individuals linked to two Vietnamese-Australian money-exchange businesses today became the first-ever individuals to receive prison sentences under Australia’s 2009 criminal-cartel offenses, marking a breakthrough for prosecutors and antitrust officials that had been pursuing the case.

In an online sentencing hearing in the Federal Court of Australia, Judge Wendy Abraham imposed an A$1

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Laurel Henning

Senior Correspondent


Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and climate policies from Brussels. In that time, Laurel covered the regulation of emissions and technological developments pertaining to the energy sector within the EU, as well as the Paris agreement in 2015. A graduate of the University of Liverpool, Laurel studied English and French before beginning a career in journalism with MLex.

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