Wednesday 30 November 2011

ROGUE LIQUIDATOR KORDA MENTHA QUESTIONED ABOUT SHADY DEALINGS AT ALLIED BRANDS, ANSETT

Liquidators KordaMentha are under new scrutiny as they claim to have closed out the Ansett Airlines liquidation.  KordaMentha, paid tens of millions in this action, have refused to produce eight years of accounts from the Ansett Group to ASIC or the courts.


KordaMentha have a long history at withholding financial information from the public record, and ASIC and the government have been powerless to get compliance with the law by this firm.  


"It's all a farce" claim reviewers of the liquidation.


KordaMentha is the secret home to Lachlan McIntosh, the Chairman of Allied Brands Ltd. (ABQ) as the company stole from migrants, falsified records to the Department of Migration, ripped off franchisees, and defrauded their suppliers.  McIntosh is said to be a "business recovery specialist - he sure made quick work of ABQ, from a company in distress under the Peter & Trent Graham family, to bankruptcy in short order.  


McIntosh has had his bio "hidden" on the KordaMentha website due to his participation in this farce.  This has enabled this blog, and other reports of McIntosh's dodgy reputation, to be easily found by anybody thinking about retaining the services of this dodgy liquidator.

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