Chris Ellison and MinRes were under investigation by both ASIC and the Australian Taxation Office over tax evasion allegations, related-party transactions and the misuse of company resources.

The corporate regulator has closed its near two-year investigation into share trading and historical governance issues at the diversified miner.

Chris Ellison and MinRes were under investigation by both ASIC and the Australian Taxation Office over tax evasion allegations, related-party transactions and the misuse of…