Banducci threatened with prison sentence in fiery Senate stoush

Greens senator Nick McKim has threatened Woolworths CEO Brad Banducci with being held in contempt of court, which could see the grocery boss gaoled for six months and fined $5,000.

McKim insisted numerous times that Banducci tell the Senate committee what Woolworths’ return on equity during the last financial year, to which Banducci claimed he didn’t know – instead focusing on return on investment.

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