Victorian milk brokering company National Dairy Products has appointed a voluntary administrator, a week on from farmer suppliers staging a mass exodus because they were owed money.
NDP managing director Tony Esposito said he hoped Deloitte Restructuring Services would help to “restructure the business and continue on”.
Along with farmers and transport companies Mr Esposito said he owed money to “a number of testing companies, there might be courier companies, I couldn’t tell you”.
Farmers have told ABC Rural NDP has not paid them …
Read the full article at: http://www.abc.net.au/news/2016-11-17/national-dairy-products-voluntary-administration-milk-supply/8033574