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AAP
AAP
Business
Jacob Shteyman

Mining magnate Gutnick banned from managing businesses

Mining Melbourne Demons ASIC
Joe Gutnick has been temporarily banned from managing corporations by the financial regulator. (Julian Smith/AAP PHOTOS)

"Diamond" Joe Gutnick, the former president of the Melbourne Demons AFL club, has been banned from managing corporations for four years by the financial regulator.

The Australian Securities and Investments Commission found the fallen mining magnate acted improperly and failed to meet his obligations as director of three companies between June 2016 and March 2020. 

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