It has been mentioned that McAleese made early payments to subcontractors on a cartage run out of Atlas Iron, and not paid PMI contractors (Mineral Resources) to keep the iron ore running out of Atlas Iron to ensure the keeping of cartage contracts after the administration was taken care of as apparently the iron ore cartage out of Atlas is quite profitable. This was spoken and agreed behind closed doors prior to the administration taking place.
Can anyone confirm or deny this please?
Add to My Watchlist
What is My Watchlist?