"If the hourly wage is $500 for the liquidator, $1.28m (Liuiqidator remuneration for one year) is enough to make the liquidator (suppose only one person working on the BNB case) work 2560 hours or 320 days (8 hours per day) during last year. "
Corretion: the $1.28m liquidator remuneration was not just for the period from Aug 2011 to Aug 2012. It was just part of the total Liquidator remuneration , that was drawn during the period from Aug 2011 to Aug 2012.
From 2011, the amount of liquidtor remuneration had dropped substantially.
BNB
babcock & brown limited
