The Christ Embassy church in the United Kingdom is in debt and has been declared insolvent by the Charity Commission, the agency that regulates charity organizations in the country. The church owned by popular Nigerian pastor, Chris Oyakhilome, was flagged on the Charity Commission website as charity insolvent. According to the commission, a charity is considered as being…
CONTROVERSIAL Sunshine Coast company Maroochy Sunshine has been declared insolvent. The Federal Circuit Court of Australia, sitting in Brisbane on Friday agreed to declare Maroochy Sunshine insolvent and appoint liquidators after a Federal Government application. Maroochy Sunshine had been accused of underpaying seasonal workers from Vanuata on the Sunshine Coast and Wide Bay to the…
A global firm showcased its national and regional capabilities as it helped in the complex restructure of a Western Australia-based uranium producer. King & Wood Mallesons (KWM) advised Paladin Energy and its administrator, KPMG, on the companys balance sheet restructure. KWM provided English law, Hong Kong law, and Australian law advice. It also coordinated local…
The Christ Embassy church in the United Kingdom is in debt and has been declared insolvent by the Charity Commission, the agency that regulates charity organizations in the country. The church owned by popular Nigerian pastor, Chris Oyakhilome, was flagged on the Charity Commission website as charity insolvent. According to the commission, a charity is considered as being…
SERIAL shonk Matthew Geoffrey Rixon is facing new charges and court dates after his extradition to Newcastle. The convicted conman who was permanently banned from building in NSW after leaving a conga line of angry customers across the state was refused bail after being charged with six counts of dishonestly obtaining financial advantage by deception on…
By Nicholas Ibekwe The United Kingdom branch of Christ Embassy, owned by popular Nigerian televangelist, Chris Oyakhilome, is broke and has been declared insolvent by the Charity Commission, the agency that regulates charity organisations in the country. The ministry also admitted in its belated 2015 financial Statement (the church’s last annual return, which it published…
The United Kingdom branch of Christ Embassy, owned by popular Nigerian televangelist, Chris Oyakhilome, is broke and has been declared insolvent by the Charity Commission, the agency that regulates charity organisations in the country. The ministry also admitted in its belated 2015 financial statement (the churchs last annual return, which it published in 2017) that…
A BYRON Shire born estate agency which specialised in luxury high end properties has collapsed, leaving at least 35 staff out of work. Unique Estates was founded by PR and marketing specialist Nicolette van Wijngaarden in 2008. Ms van Wijngaarden reportedly sent a personal email to staff on Wednesday saying that wages could not be…
An Alberta legal battle over whether creditors take priority over the cleanup of old oil wells has landed at the Supreme Court of Canada with seven justices now tasked with a decision that could have implications for industry and the environment across the country. The nation’s highest court heard the contentious case on Thursday, centred on the…
GYMPIE-COOLOOLA has taken out the crown for highest insolvency rate in the Wide Bay Burnett, and the 21st highest in the state out of 83. New data reveals the Gympie-Cooloola per capita rate is at least eight points above its neighbours. The Australian Financial Security Authority’s latest regional personal insolvency statistics reveal the region’s rate…