Angry subbies have launched a bitter broadside against the liquidators of a failed Gold Coast construction company as the cost of the investigation into the $18m collapse continue to mount.
Glen Norris, The Courier-MailSubscriber only|August 5, 2020 4:50pm
Liquidators of failed Cullen Group have been accused of wasting money by subbies caught up in the $18m collapse of the Gold Coast building company.
Menzies Advisory liquidator Michael Caspaney came under personal attack at a recent meeting of creditors including from one subbie who told him to “**** off out of the state”. Mr Caspaney denied the liquidation process was being wasteful and said that the personal attacks on him were unjustified.
The dispute comes as Mr Caspaney received funds from the Federal Government for a public examination into the collapse of Cullen Group in December 2016.
But there is growing concern among some creditors that they will see no return from the ongoing investigation that has now dragged on for more than three years.
Subbie John Goddard ...