The corporate regulator has been “unable to locate” the director of a failed development company which collapsed owing more than $25m after “at least” five years of “likely” insolvency. It’s one of multiple related companies that have failed owing millions.
Kathleen Skene Follow 2 min read February 7, 2024 - 8:00AM
Gold Coast Bulletin
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The corporate regulator says it has been unable to locate the director of a failed development company which collapsed owing more than $25m after “at least” five years of “likely” insolvency.
Danny Isaac, also known as Sami Adib, is sole director of Adcon Management, a company which purportedly provided labour hire to other businesses in his besieged Adcon and Descon groups.
Adcon Management is one of four of Mr Isaac’s companies which are in administration or liquidation,
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