A West Australian agricultural lobby group says it has been “let down by a very trusted employee”, as WA police begin investigations into financial misconduct at the Pastoralists and Graziers Association (PGA).
“It’s been a pretty interesting experience,” PGA president Tony Seabrook said.
“We found ourselves in a very embarrassing situation of having far too much trust in one particular person… But I would say to our members stay with us.
“We’re going to be back in business very shortly… We are leaner, meaner, a bit more experienced and massively enthused.“
Administrators RSM Australia confirmed creditors approved a rescue package for the PGA at a meeting on Friday in Perth.
RSM partner Jerome Mohen said the decision was “pleasing” and…