Australia's MinRes falls most in 15 yrs after managing director admits to alleged tax evasion
** Shares of Mineral Resources MIN.AX plunge as much as 13.5% to A$39.66, their biggest intraday pct loss since end-Nov, 2009
** Stock hits its lowest level since Sept. 24
** As at 2316 GMT, stock is trading 10% lower at A$41.26
** The diversified miner's managing director in a statement admitted he failed to make proper disclosures to the Australian Taxation Office about revenue transferred from businesses in Australia to certain offshore companies
** Managing Director Chris Ellison, who holds an 11.5% stake in MinRes and is its biggest shareholder, said the matter was "a serious lapse of judgement"
** Co says it has appointed an external legal counsel to investigate the matter and the investigation is well advanced
** Stock down 41.4% YTD, as at 2316 GMT
Reporting by Echha Jain in Bengaluru; Editing by Stephen Coates
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