Lentil as Anything out of business owing staff almost $400,000, administrators reveal

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Pay-as-you-feel restaurant group Lentil as Anything may have traded while insolvent for three years in the lead-up to the collapse of the social enterprise, which went into administration in February owing its employees at least $369,000.

last year into financial mismanagement at the restaurant chain and the underpayment of staff. A forensic accounting report commissioned by a previous board alleged $11,279 of the registered charity’s money might have been improperly used on Fernando’s private expenses, including paying his electricity, water and gas bills, and travel.

There were also “material deficiencies” in its internal record-keeping, another potential offence, which “render the books and records in their current state insufficient to enable true and fair financial statements to be prepared and audited,” Worrells found. The forensic report commissioned by the board observed record-keeping was so poor it was unable to determine conclusively “for or against improper or illegal conduct at Lentil”.In 2020, Lentil as Anything was subject to regulatory action from the Fair Work Ombudsman and Australian Tax Office.

 

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Another socialism fail. But Labor and Greens still not getting the message

Warwick_Long What a great service they provided. Helping to mask the lack of support by governments to inequality & job insecurity in this country. Isn't it wonderful this shit newspaper can spend weeks on a gaff about bogus unemployment rate and than put the boot into LAA. We are blessed.

That's how socialism always fails

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