Eugene Didus had finalised everything for the sale of his home of 45 years at Deer Park, in Melbourne's west.
The two lenders gave almost $400 million to LBA Capital to invest in a government-subsidised National Disability Insurance Scheme housing for disabled people. KB Securities said it had clawed back $247 million from LBA Capital, gained a freezing order over a further $108 million, and would go after LBA’s three registered executives for the remaining $40 million.
lol....they are going to be able to keep the deposit once they complete the requirement to complete. They are very lucky.
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