A Victorian principal spent almost $23,000 of his government-funded school’s money on gambling, booze, gift cards and an overseas holiday. Between 2016 and 2018, cheques for school equipment were deposited into the principal’s own bank account, at his request, resulting in the misuse of $22,850. Ombudsman Deborah Glass declined to name the principal or school…
For most directors, COVID-19 has caused a shock to their business. Either a bad shock, where business viability and sustainability has been challenged, or a good shock that has led to a surge in demand for products and services. Usually shocks lead to action you suffer a heart attack, and you and your family reassess…
A Victorian principal spent almost $23,000 of his government-funded school’s money on gambling, booze, gift cards and an overseas holiday. Between 2016 and 2018, cheques for school equipment were deposited into the principal’s own bank account, at his request, resulting in the misuse of $22,850. Ombudsman Deborah Glass declined to name the principal or school…
Our ref: FOI 20/21-159 Date: 26 January 2021 Dear, Re: Freedom of Information Act 2000 Thank you for your Email of 03 September in which you requested from the Insolvency Service: I am trying to find out some information on the number of Orders typically made under the provisions of the 1986 AIEDPO. I cannot…
The Sunday Age can also reveal that Peter Arvanitis, the co-owner of Epping Gardens aged care home where 38 residents died from COVID-19 last year, provided extensive advice to Chronos Care when it was established in 2014. A series of emails obtained by The Sunday Age reveal Mr Arvanitis provided guidance on most facets of…
Finance Minister Nirmala Sitharaman on Saturday specified that the proposed Agriculture Infrastructure and Development Cess will be used to improve mandi infrastructure in the country. Replying to a general debate on Budget 2021 in Lok Sabha, the finance minister clarified that the proposal to collect Rs 30,000 crore through the new agri cess will go…
Finance minister Nirmala Sitharaman on Saturday clarified that the Union Budget proposal of collecting Rs 30,000 crore through Agriculture Infrastructure and Development Cess will go to states so that mandi infrastructure can be improved. Amid ongoing protests by farmers and the Opposition to repeal controversial farm laws, Sitharaman said that not even one Agricultural Produce…
SUDBURY — A judge has formally declared Laurentian University insolvent, giving the university breathing room as it works toward restructuring by April 30. The ruling released Thursday by G.B. Morawetz, chief justice of the Ontario Superior Court of Justice, allows the university to access $25 million in funding to cover salary and other costs as…
There is plenty in the news about an upcoming wave (some still say avalanche) of insolvencies, especially once the federal government financial support mechanisms finish at the end of March. And while initiatives such as the small business restructuring reforms were introduced to help COVID-19 impacted SME businesses and have now come into effect theyre…
Landlords getting tough with so-called rent rebels could force 5,834 companies out of business and trigger 326m worth of insolvent debt that further decimates city centres, according to analysis from Stockport based insolvency score, Red Flag Alert. Concerns are mounting that April will see companies fighting for survival after a COVID-19 moratorium on evictions ends…