The seemingly routine collapse of a Brisbane building firm specialising in roofing repairs has suddenly become far more intriguing due to a series of allegations.
CITY BEATFollow@AnthonyMarxCM July 29, 2021 - 7:26AM The Australian Business Network
The seemingly routine collapse of a Brisbane building firm specialising in roofing repairs has suddenly become far more intriguing
We’ve learned that the sole director, who actively uses at least two identities, is fighting charges stemming from alleged drug and weapon offences.
He’s also facing allegations that $1.4m was improperly loaned to another one of his companies, which remains intact.
Future Property Solutions Group Pty Ltd, trading as Lifetime Builders with sole director Adam Killackey at the helm, fell into voluntary administration this month with debts of about $1.5m.
Adam Killackey, also known as Adam Kitchen
It carried out lots of work for Alliance Property Consultancy Pty Ltd, a still-intact Killackey company trading as Storm Assist, which specialises in insurance claim evaluations and restoration work.
Corporate records show the majority owner of Future Property is an entity called First Class Ventures Pty Ltd, which is controlled by a bloke going by the name of Adam Kitchen.
He just happens to have the same date and place of birth, as well as listed home address, as Killackey.
Kitchen, 32, is now facing five charges related to the alleged possession of drugs and drug paraphernalia, as well as the alleged possession of a machete and driving while disqualified last year.
He has pleaded not guilty and is set to appear again in Cleveland Magistrates Court for a hearing on December 1.
Meanwhile, Future Property creditors gathered for the first time last week and meeting minutes reveal that former director Darryn Van Hout alleged that Killackey/Kitchen “may have withdrawn funds that were not used for a proper purpose’’.
Specifically, the minutes show a $1.4m loan was made to First Class Ventures, which trades under the banners of Aussie Home Helper or Australian Assistance Packages.