KZL 0.00% 12.0¢ kagara ltd

Ann: Update on Sale of Kagara Group Assets , page-4

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    I guess we see what new ideas the administrators
    Come up with to rip money out of the company

    Just reading the on the dealing with investic

    Seems they paid $3.5 million interest
    But only borrowed $4 million in total
    Of that $350000 was paid back in fees
    The same day it was borrowed

    As well as some other rip off

    http://m.smh.com.au/business/asic-dances-around-the-real-questions-20130619-2ohvp.html
 
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