Part owners of company behind housing project facing drug trafficking charges

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Two men involved in a housing development north of Hobart are facing criminal charges in Canberra, with police allegedly finding drugs and firearms during a raid at one of the men's properties.

The ABC contacted Mr Niravong to determine what roles Mr Byrne and Mr Srna play in MBH Group and whether he supports their ongoing involvement with the company.

Last month, Mr Niravong provided a company statement that declared Mr Byrne and Mr Srna would no longer be working on The Fairway development."Matthew William Byrne and Sebastian Srna will no longer be associated with this project." Mr Niravong did not provide any details on the nature of the company restructure or whether Mr Byrne and Mr Srna would remain owners.Contact forbidden between two accused

Three weeks later, ASIC has not been advised of any changes to the ownership or governance structures of MBH Group .Mr Byrne remains listed as company director and secretary. The court proceedings for Mr Byrne and Mr Srna will be heard separately and bail conditions prevent the two owners from having any contact with one another.MBH Group has paid a deposit for the block of land at New Norfolk, with settlement due by the end of June this year.Set the ABC News website or the app to "from either the homepage or the settings menu in the app to continue getting the same national news but with a sprinkle of more relevant state stories.

 

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Noooo, are you trying to say money fuelling our property boom could be bent money

money has to come from somewhere

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