Millions owed after building company collapse leaves Sydney school, NSW Health in the lurch

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Millions owed after building company collapse leaves Sydney school, NSW Health in the lurch
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A construction company has collapsed leaving NSW Health more than $2 million out of pocket and owing a prestigious eastern suburbs school more than three-quarters of a million dollars | rachelclun

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A construction company has collapsed leaving NSW Health more than $2 million out of pocket and it owing a prestigious eastern suburbs school more than three-quarters of a million dollars.

"The minister needs to explain exactly how it has occurred that taxpayers are owed over $2 million on projects across Sydney and more importantly what steps are being put in place to prevent this happening again," Mr Park said."That's certainly what the community expects government to do when they pay their taxes."

Dozens of other unsecured creditors are listed as being owed up to almost half a million dollars. All of these unsecured creditors cannot expect to get any money back, the administrators said.

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smh /  🏆 6. in AU
 

rachelclun NSW taxpayers screwed over, yet again. GladysB and her mob not doing their job, as per usual, and getting paid handsomely for it.

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