Privately-owned contractor C & S Plumbing Pty Ltd went into liquidation on March 27, according to news.com.au, a month after entering administration.
Documents lodged with the Australian Securities and Investments Commission , obtained by news.com.au, show the company owes upwards of $12.2 million to more than 100 creditors.The figure contains about $1.9 million owed to 76 employees for unpaid wages, superannuation and retrenchment.The liquidator report contains allegations that the company's sole director Shane Arnold increased his salary four months before entering administration.
The liquidator report reveals the company's sole director Shane Arnold increased his salary four months before entering administration. Picture: Facebook