ASIC Accused of Fraudulent Conduct in High-Profile Case Against ANR Founder Jamie McIntyre
JAKARTA — Australian entrepreneur, property developer, and political commentator Jamie McIntyre has renewed serious allegations against the Australian Securities and Investments Commission (ASIC), claiming the regulator engaged in fraudulent, deceptive, and politically motivated conduct during its actions against him more than a decade ago.
McIntyre—who in 2013 launched Australia’s first new independent newspaper in decades, the Australian National Review (ANR), along with the political movement 21st Century Australia—argues he was targeted because his media platform exposed government corruption and challenged establishment narratives.
At the height of his influence, McIntyre’s events drew some of the most high-profile figures in global politics and business. His political mentor at the time, Arnold Schwarzenegger, appeared at major speaking engagements hosted by McIntyre. In an unprecedented display of diplomatic endorsement, the United States Ambassador personally took the stage to introduce Schwarzenegger at McIntyre’s events, underscoring the level of credibility, stature, and international attention surrounding his work.
THE LICENSING CLAIM McINTYRE SAYS NEVER EXISTED
ASIC’s case centered on several land-banking projects operated by McIntyre’s companies. The regulator alleged these projects required licensing—yet McIntyre argues no such licensing requirement has ever existed in over 200 years of Australian property law.
He states:
• No land-banking project in Australian history had ever required licensing.
• Parliament has never created a licensing category for land banking.
• No such requirement has been enforced before or since.
McIntyre says his companies even volunteered on three separate occasions to be licensed to provide investor certainty—but ASIC refused every offer.
“If they shut us down because we weren’t licensed, then they shut us down on the basis of a license that doesn’t exist. That is deception—and deliberate deception at that.”
ALLEGED POLITICAL MOTIVATION
According to McIntyre, the ASIC action was politically driven. He claims that once ANR began exposing corruption, misconduct, and globalist political agendas, pressure intensified.
During a heated Senate advisory hearing, McIntyre publicly predicted ASIC would deliberately cause investor losses in his land-banking projects to later blame him. McIntyre says this prediction came true shortly after the confrontation.
WHY McINTYRE SAYS ASIC NEEDED INVESTOR LOSSES
McIntyre alleges ASIC manufactured investor losses intentionally because they needed “victims” to justify the prosecution—especially after their humiliating legal defeat against Andrew Forrest of Fortescue Metals, where the court dismissed ASIC’s case due to the absence of any investor harm.
He claims ASIC:
• Shut down profitable, appreciating projects without legal basis
• Blocked all attempts to refund investors
• Deliberately caused losses for political advantage
“All ASIC had to do was allow us to refund investors. They refused, because the losses were the goal, not the accident.”
LAND VALUES SOARED — INVESTORS MISSED OUT
McIntyre claims the land has since skyrocketed in value, and investors were deprived of massive returns solely due to ASIC’s intervention.
THE $250 MILLION LAWSUIT PLANNED FOR OCTOBER 2026
When McIntyre’s 10-year corporate ban expires in October 2026, he plans a $250 million lawsuit against ASIC, Fairfax Media, and other government actors for damages, lost profits, defamation, and political interference.
“This lawsuit is about justice—for me, for investors ASIC harmed, and for the truth.”
REBUILDING HIS EMPIRE ABROAD
After leaving Australia, McIntyre rebuilt his wealth and now leads several major property developments across Southeast Asia, including taking full ownership of Marina Bay City in Lombok, Indonesia—one of the region’s largest emerging mega-projects.
“A democracy cannot allow regulators to collude with media corporations to destroy political critics. I launched a newspaper that told the truth—and they tried to destroy me for it.”
A CASE THAT COULD RESHAPE REGULATORY ACCOUNTABILITY
Should McIntyre proceed with the lawsuit, it may trigger unprecedented scrutiny of ASIC’s internal processes, its political independence, and whether regulatory power was misused for political suppression.
“When October 2026 arrives, the truth finally comes out.”