The directors of a collapsed Queensland construction group have tipped in huge dollars to settle an insolvent trading claim as it’s revealed liquidators uncovered $66m in mystery payments.
Kathleen Skene follow less than 2 min read April 23, 2025 - 12:00AM
The Australian Business Network
The liquidators of a construction group, which collapsed owing more than $9.5m to subbies, lenders and suppliers, have found the companies made more than $66m in payments that had not been fully explained.
Meanwhile, its directors have avoided $4m of insolvent trading claims by tipping $400,000 into the liquidations, without admittihng any fault.
Burleigh Heads-based PPS Qld and PPS Commercial both went into liquidation last July, leaving..
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