Civil proceedings
22 Sep 2026
Defendant/respondent
Brian Neil Cobus
Court and judge/magistrate
Federal Court of Australia, Sydney (Justice Stewart)
Queensland
Legislative provision/s breached
- s. 265-1(1) duty to act with care and diligence
- s. 265-5(1) duty to act in good faith in the best interests of the corporation and for a proper purpose
- s. 265-10(1) duty to not improperly use position as a director
- s. 363-1(1) failing to ensure the corporation kept written financial records
Outcome
- Disqualified from managing Aboriginal and Torres Strait Islander corporations for 5 years
- Pay a $200,000 pecuniary penalty to the Commonwealth
- Pay compensation of $482,478.04 to Nguurruumungu Indigenous Corporation
- Pay the Registrar's legal costs
Prepared in the Queensland Registry