****** me. I have just read the Report to Creditors and the compnay has paid "management Fees" totalling over $ 2.5 million between Nov 2002 and July 2003. All went to Transworld Leasing aka Griffin and Brown the Directors of TAAE !
The Administrator gives over a full page to "related party dealings" .
It makes damned good reading . As one of the main creditors are the tax office I am sure that this info will be passed on to them for further action
The future of TAAE will be decided on the 8th August. Tenders close that day.