JOHN McGrath has denied his gambling debts are out of control or in any way linked to his stake in his embattled real estate business. Shares in McGrath Ltd were placed in a trading halt on Thursday as the company sought further information from its founder related to recent media reports about Mr McGrath, who…
The United Kingdom branch of Christ Embassy, owned by popular Nigerian televangelist, Chris Oyakhilome, is broke and has been declared insolvent by the Charity Commission, the agency that regulates charity organisations in the country. The ministry also admitted in its belated 2015 financial statement (the churchs last annual return, which it published in 2017) that…
Controversy surrounding McGrath Real Estate (ASX: MEA) founder John McGrath’s alleged $16 million gambling debt has been addressed by McGrath himself in a letter to the ASX. The statement, released to the ASX by McGrath Real Estate, sees McGrath denying the claim that he has been using company money to fund his expensive…
A BYRON Shire born estate agency which specialised in luxury high end properties has collapsed, leaving at least 35 staff out of work. Unique Estates was founded by PR and marketing specialist Nicolette van Wijngaarden in 2008. Ms van Wijngaarden reportedly sent a personal email to staff on Wednesday saying that wages could not be…
(Reuters) – U.S. industrial conglomerate General Electric (GE.N) has reached a deal to sell parts of its overseas lighting business to a company controlled by former executive Joerg Bauer for an undisclosed amount. Bauer most recently served as President of GE Hungary where GE Lightings Europe, Middle East, Africa and Turkey business is headquartered, the…
Five things to know about how you can help Jesse Jones erase local medical debt After hearing of local families buried in medical debt, Jesse Jones and KIRO 7 set a goal: to buy as much medical debt as we could. KIRO 7 spent $12,000 and purchased $1 million worth of medical debt owed by viewers in our…
An Alberta legal battle over whether creditors take priority over the cleanup of old oil wells has landed at the Supreme Court of Canada with seven justices now tasked with a decision that could have implications for industry and the environment across the country. The nation’s highest court heard the contentious case on Thursday, centred on the…
OTTAWA, Feb. 15, 2018 /CNW/ – Whether trying to catch up on holiday bill payments or dealing with an unexpected life event, most Canadians would agree: struggling with debt is not what they are looking forward to in 2018. Fact: According to recent data from Statistics Canada, for every dollar of disposable income that Canadians…
GYMPIE-COOLOOLA has taken out the crown for highest insolvency rate in the Wide Bay Burnett, and the 21st highest in the state out of 83. New data reveals the Gympie-Cooloola per capita rate is at least eight points above its neighbours. The Australian Financial Security Authority’s latest regional personal insolvency statistics reveal the region’s rate…
The United Kingdom branch of Christ Embassy, owned by popular Nigerian televangelist, Chris Oyakhilome, is broke and has been declared insolvent by the Charity Commission, the agency that regulates charity organisations in the country. The ministry also admitted in its belated 2015 financial Statement (the churchs last annual return, which it published in…