Eleven years after the collapse of the Banksia Financial Group, receivers acting on behalf of investors in the failed Kyabram company are continuing the hunt for compensation.
Last week Banksia Securities receiver John Lindholm informed debenture holders, through his latest communication, that he would now be focusing his complete attention on Elliott Entities after agreeing to a settlement of $1.25 million with OBryan Entities.
Mr Lindholm is a special advisor to one of the worlds big four accounting firms, KPMG.
He ha…
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