LIQUIDATORS believe Ozcon Industries could have been trading while insolvent for at least 18 months before the Dalby company’s collapse in January this year.
The Dalby Herald has obtained a copy of a creditors report compiled by liquidators DuncanPowell, outlining the circumstances around the company’s demise.
The report said Ozcon Industries went bust owing more than $9.6 million, including $1.8 million to former employees.
That figure includes $284,206 worth of unpaid superannuation, which will be covered by the Australian Taxation Office.
Preliminary investigations by the liquidators suggested the company could have been trading insolvently from as far back as June 30, 2015.
Liquidators have formally notified their intent to the comp…
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