A Bundaberg farming company has gone into liquidation while owing $16 million to creditors, in the latest financial scandal to hit the farming empire.
The New South Wales Supreme Court issued a winding up order and appointed a liquidator for Bundaberg Farming Co Pty Ltd on March 6, 2024.
Roberto Barbera, a member of the colourful Barbera family who has grown zucchinis, capsicums and tomatoes in the region for almost 50 years, was listed as director of the company which was incorporated in August 2021.
In his report sent to creditors on April 5, the liquidator, Glenn Livingstone for WLP Restructuring, noted he had not received a full report of the companys assets and liabilities as required by legislation, and Mr Barbera, 51, had not be…
Read the full article at: https://www.couriermail.com.au/news/queensland/bundaberg/business/bundaberg-farming-collapses-with-16m-owing-to-staff-creditors/news-story/d6d7afad4625a14ca75e98917f1a2516?nk=4980dffcebf97f7e50fc2b731f375ee6-1713852040
