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Don’t blame the nags for the financial woes of pharmacy guru Rohan Aujard – The Sydney Morning Herald

More than five years have passed since the former pharmacy czar and horse racing identity, Rohan Aujard, filed for bankruptcy. 

But his financial penury is not about to end any time soon. 

Horse racing played a big part in Nathan Tinkler's downfall, but not for Rohan Aujard.
Horse racing played a big part in Nathan Tinkler’s downfall, but not for Rohan Aujard.  Photo: Jenny Evans

For those whose memories have dulled with time, Aujard probably attracted more press for his trackside winners  like Brazilian Pulse  than his pharmacy empire. 

Unlike Nathan Tinkler though, it looks like Aujard’s bad luck started with his business empire rather than at the track  suppliers crunched Pulse on credit terms, which caused a cash flow crisis. 

His Pulse Pharmacy group collapsed in 2012 owing tens of millions of dollar…

Read the full article at: http://www.smh.com.au/business/dont-blame-the-nags-for-the-financial-woes-of-pharmacy-guru-rohan-aujard-20171116-gzmqj7.html

Category: BankruptcyBy Insolvency Advisory AccountantsNovember 19, 2017

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Don’t blame the nags for the financial woes of pharmacy guru Rohan Aujard – The Sydney Morning Herald

More than five years have passed since the former pharmacy czar and horse racing identity, Rohan Aujard, filed for bankruptcy. 

But his financial penury is not about to end any time soon. 

Horse racing played a big part in Nathan Tinkler's downfall, but not for Rohan Aujard.
Horse racing played a big part in Nathan Tinkler’s downfall, but not for Rohan Aujard.  Photo: Jenny Evans

For those whose memories have dulled with time, Aujard probably attracted more press for his trackside winners  like Brazilian Pulse  than his pharmacy empire. 

Unlike Nathan Tinkler though, it looks like Aujard’s bad luck started with his business empire rather than at the track  suppliers crunched Pulse on credit terms, which caused a cash flow crisis. 

His Pulse Pharmacy group collapsed in 2012 owing tens of millions of dollar…

Read the full article at: http://www.smh.com.au/business/dont-blame-the-nags-for-the-financial-woes-of-pharmacy-guru-rohan-aujard-20171116-gzmqj7

Category: BankruptcyBy Insolvency Advisory AccountantsNovember 19, 2017

Post navigation

PreviousPrevious post:Kerry Katona is flogging £3k circular beds on Instagram after joking … – The SunNextNext post:IRP nod must for recovering money from defaulter’s bank a/c: NCLAT – Economic Times

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
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