Michael Kodari, self-styled investment guru, behind on ASIC fees

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The life and times of flashy financial guru Michael Kodari have always been full of ironic juxtapositions.

Australian Financial Reviewhe expected his bodyguard to protect him from the thuggaries of its gossip columnists. And who reckons he’s “renowned globally as a top-performing investor”, while publishing no independently assessed investment results and being known for no such thing.

ASIC commences strike-off action against companies who fail to pay their registration fees. We asked Kodari about this, who cc’ed a prominent defamation barrister before telling us last week that his accounts team had simply fallen behind after the bill went to “another office address”. He said it would be promptly rectified, which, by Monday, it was.This is the third time since 2018 ASIC has commenced strike-off action against Kosec.

 

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