Vocational training provider Site Group International (ASX: SIT) has entered voluntary administration after failing to reach a compromise over $https://www.businessnewsaustralia.com/1https://www.businessnewsaustralia.com/1 million in penalties being sought by the consumer watchdog after an adverse finding against the company’s former Captain Cook College subsidiary four years ago.
Site Group had made a $https://www.businessnewsaustralia.com/1.https://www.businessnewsaustralia.com/1 million provision in its books for the penalty, which was imposed after the Federal Court ruled in 202https://www.businessnewsaustralia.com/1 that Captain Cook College had engaged in “a system of unconscionable conduct and made false or misleading…
