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ASIC worker faces money laundering charge

AAP logoAAP 10/11/2016

An employee of the corporate regulator has appeared in court to face charges of making a false document and accessing restricted data without authorisation.

The Australian Securities and Investments Commission said Mahmoud Daher was arrested and charged by the Australian Federal Police on October 20, and appeared n Sydney's Downing Centre Local Court on Thursday.

He faces a charge of unauthorised access to restricted data, which carries a possible prison sentence of two years, and a charge of making a false document, which contravenes anti-money laundering and counter terrorism financing laws and carries a sentence of 10 years.

"At this point there is no indication that the alleged offences the subject of this matter involved any of ASIC's regulatory operations or enforcement activities," ASIC said.

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