A medical institute that was included in this years Shonky Awards has entered voluntary administration. However, the business is continuing to trade while administrators seek potential buyers.
GTC Medical, trading as the Medical Weightloss Institute (MWI) is a Sydney-based medical business that has previously attracted complaints to both healthcare and consumer protection bodies.
On Thursday, the company appointed administrators from Hall Chadwick Chartered Accountants, who told SmartCompany they were continuing to trade the business of the company, whilst also seeking expressions of interest for the sale of the business.
The business copped a Shonky Award this year from consumer advocacy …