7-11 MANAGEMENT DISCOVERS THEIR TRAGIC MISTAKE WITH SHANE RADBONE, AS DOES TIMEZONE WITH TONY CAVANAGH

SHANE RADBONE AT HIS NEW JOB

Former Allied Brands Ltd. (ABQ) CEO Shane Radbone and his wife Victoria Radbone have continued to shun the repayment of their close-to MILLION DOLLAR sweetheart loan made to them while he was CEO.  Yes, essentially he signed-off on a loan to HIMSELF.  Radbone has been confronted with this ABQ larceny by franchisees at his new employer, 7-Eleven Australia and some of the 7-Eleven franchisees.  Radbone has already made some moves to erode 7-Eleven franchisee profitability, the same job he had at ABQ which resulted in the collapse of the company.  Anger has mounted with 7-Eleven CEO Warren Wilmot apparently shouting mad at HR Manager Michael Phillips who was charged with "checking Radbone out".  Something he now has discovered.  


Likewise one of the key "black hands" in the destruction of Allied Brands Ltd. was Tony Cavanagh.  Cavanagh too was able to secure another position on the other side of the continent in Perth, where he found a company too ignorant to run even a cursory check on his bonafides.  The LAI Group has brought Cavanagh in to fuck over the businesses of TimeZone franchisees, who are facing a virtual collapse of their business not unlike the video biz.   


Both of these men are the subject of active criminal investigations at ASIC and the ACCC for their actions in the collapse. 


One other "black hand" is reported to be hiding out in Fiji, attempting to stay out of the public eye in the hope he won't also be the subject of criminal indictment.  Investigations into this report continue and some further information should be available soon.