The director of the collapsed flight booking service Bestjet has told a meeting of the companys creditors that he was forced to go into voluntary administration after he did not receive a promised $3.2m payment from the companys former owners.
Last week Guardian Australia reported the Queensland-based budget airfare company Bestjet had gone into voluntary administration just days before Christmas.
Its collapse left travellers who booked flights through the company thousands of dollars out of pocket and desperate for answers.
According to the minutes of a creditors meeting held last week, Bestjet owes about $7.28m to about 2,300 unsecured creditors.
The companys administrators, Pilot Partners, told the meeting they were receiving about …
Read the full article at: https://www.theguardian.com/business/2019/jan/10/bestjet-director-claims-collapse-caused-by-32m-payment-that-did-not-materialise