Directors of collapsed agri-businesses linked to corruption scandal disqualified for maximum 5-year period

26-002MR

disqualification13 Jan 2026

Respondent

Jimmy Yang

Facts

The husband-and-wife directors behind a group of collapsed agriculture businesses linked to a NSW corruption scandal have both been disqualified by ASIC from managing corporations for the maximum period of five years.

Outcome

ASIC disqualification — Jimmy Yang (also known as Jimmy Liu) disqualified from managing corporations for the maximum period of five years (2026-01-13), over his conduct as a director of UWE Hay, United World Enterprises, UWE - Griffith Property and SMU Holdings. See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-002mr-directors-of-collapsed-agri-businesses-linked-to-corruption-scandal-disqualified-for-maximum-5-year-period

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