Links between the $80m collapse of a giant Queensland building company and a Christian charity called Love Your World are being investigated by liquidators.
Glen Norris Follow 3 min read January 2, 2022 - 9:05PM The Australian Business Network
Liquidators investigating the $80m collapse of Privium are probing links between the failed building giant and a Christian charity called Love Your World.
In a report to creditors released earlier this month, FTI Consulting said it was investigating the transfer of funds between Privium, founded by director Rob Harder, and related entities including Love Your World, Open Gold Capital and The Promise Qld.
FTI said that the director appeared to have caused Privium to enter into “unusual transactions with related entities” in which he was also a director, or which his immediate family were office holders. Mr Harder’s wife Rachel is a director of Love Your World, which lists a residence at Rochedale in Brisbane as its business address. There is no suggestion of any wrongdoing by Mr or Mrs Harder in the report.