The Daily Examiner website reports:
Andrew Baker conceded his bid for a seat on Clarence Valley Council all but ended (tonight) when he announced to a packed candidates forum in Maclean that two of his companies had gone into receivership.
"I didn't want to start tonight on false pretences," Mr Baker said. "Today, two of the companies I'm a director of have been placed in receivership.
"I'm in the development industry and everyone knows the development industry is doing it tough."
Mr Baker said the development didn't legally rule him out as standing as a candidate, but conceded it would be difficult for him to continue.
See the Examiner's online report, including video coverage of Baker making his announcement about his companies going into receivership here.
Credit: Text and image from The Daily Examiner
So he's placed two of his companies in voluntary receivership. Gee. That only leaves him with another seven companies operating in the Clarence Valley.
ReplyDelete