BWD 0.00% 8.0¢ blackwood corporation limited

tinklers finished

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    Mr Tinkler is believed to have literally flown away from his problems by using the plane to return to Singapore this week, despite the aircraft being the subject of repossession by creditor GE Capital.

    It is believed Mr Tinkler's combined liabilities total more than $638 million across multiple backers, including Farallon Capital, Westpac and GE Capital.

    Frustrated by his continued attempts to delay repaying his bad debts, a source close to GE Capital said: "(Mr Tinkler) was instructed by GE to leave the jet at Bankstown airport, but has blatantly ignored all advice by flying the plane to Singapore as much as he feels like."
 
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