Padbury’s troubles with the ASX and the corporate watchdog began...

Padbury’s troubles with the ASX and the corporate watchdog began in 2014, when the company announced it had won a $US6.5 billion funding package for the massive rail and port project.

The purported deal unravelled within days after WestBusiness revealed the companies behind the funding package included entities associated with one-time Australian hair-regrowth king Roland Frank Bleyer, that had been linked to a string of failed funding offers.