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Ardent Leisure, the company which owns Australian theme park Dreamworld, has been hit with three charges related to the 2016 tragedy that killed four people.
Cindy Low, Kate Goodchild, her brother Luke Dorsett and his partner Roozi Araghi were killed while they were on the Thunder River Rapids ride in October 2016. A water pump on the ride malfunctioned and caused their vehicle to flip.
Queensland Work Health and Safety prosecutor has filed three charges in the Brisbane Magistrates Court against the company.
Each charge carries a maximum penalty of $1.5 million, meaning the total bill for the charges could be $4.5 million.
In a statement to the Australian Stock Exchange, Ardent Leisure said: "First and foremost, we again express our deepest sympathies to the families and friends of Roozbeh Araghi, Luke Dorsett, Kate Goodchild and Cindy Low for their loss and ongoing suffering and say sorry to all of the people impacted by this tragedy.
"There has been considerable change at Dreamworld over the last few years as was acknowledged by the Coroner in his Report.
"Dreamworld has taken substantive and proactive steps to improve safety across the entire park and continues to enhance existing systems and practices, as well as adopt new ones, as we develop and implement our safety case in accordance with the Queensland Government's new major amusement park safety regulations.
"The new leadership team is committed to continuing to improve and enhance safety systems and practices with the aim of becoming a global industry leader in theme park safety and operations."