PPRuNe Forums - View Single Post - Ozjet's final landing
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Old 16th Jan 2010, 00:55
  #241 (permalink)  
NotTheNLFanClub
 
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Interesting to hear (the rumour) there is some quiet interest being shown by authorities and media in the way the sale, administration and DOCA has been handled since Ozjet went into administration. I understand from one contact there have been detailed notes kept by several interested parties on who, what, where and when.

Much focus on how final figures were arrived at before the DOCA was put into place and speculation they were underquoted from the get go. (Interesting point considering Strategic had their finance staff go over the figures. Who did the sums and who signed off on them?)

The outcome of the next creditor's meeting may well be a fait accompli, or maybe nothing will happen like the last few times (apart from admin costs skyrocketing), but if/when the truth surfaces, it will be a story worth reading, especially if names and $$$ are mentioned.
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