Mr Keenan said the business had been affected by “adverse...

Mr Keenan said the business had been affected by “adverse trading conditions as a result of Covid”.

and


He declined to reveal the size of the debts the companies has accumulated but said there were “substantial” amounts of related party debt and a “substantial” debt to the Australian Taxation Office (ATO), which included historical debt.

Result of covid, lol, now who was in
charge then, maybe read it before you
post it.