From asic.gov.au: The Federal Court has issued interim orders to freeze certain assets of Osama Saad, former director of Aus Super Compare and Atlas Marketing, following an application from ASIC.
This action is part of ASIC’s ongoing investigation into Mr. Saad and associated entities related to managed investment schemes, including the Shield Master Fund.
The asset freeze is effective until 4 April 2025, when a final hearing will determine whether the orders will remain in place.