The Pialligo Estate property on the day the failed businesss financier took possession. Photo: Ian Bushnell.
Another Pialligo Estate company has been placed in liquidation, triggering a report to the corporate regulator that director John Russell has been involved in two failed businesses.
Liquidator Frank Lo Pilato from RSM Australia notified the winding up of Pialligo Markets Pty Ltd on 1 June.
The creditors report shows an overall debt of $571,202 owed to 50 businesses, including $279,000 to NAB.
Mr Russell is the director of 60 companies including the 10 Pialligo Estate companies associated with the failed hospitality, farm produce and tourism…
Read the full article at: https://the-riotact.com/another-pialligo-estate-company-in-liquidation-as-report-reveals-a-business-on-the-skids-for-years/681631