The liquidator of a collapsed construction giant has found evidence it says indicates the company’s director and founder knowingly traded while insolvent, according to a confidential report obtained by the ABC.
Key points:
- Walton Construction placed into voluntary administration in October 2013 owing tens of millions of dollars to subcontractors
- Confidential liquidator report from July 2016 relating to Queensland branch details alleged breaches of director duties by Craig Walton
- Mr Walton denies any breach of duties
Walton Construction operated in Victoria, Queensland and New South Wales, and was placed into voluntary administration in October 2013 owing…
Read the full article at: http://www.abc.net.au/news/2017-11-09/walton-construction-director-aware-firm-was-insolvent-liquidator/9130226
