Stonewalling the media begins to backfire on Clarence Valley LGA election candidate, Andrew Baker

After spending much of his time over the last five weeks in what looks suspiciously like an attempt to misdirect Clarence Valley mainstream media with regard to the degree to which his companies are in significant financial difficulties (four are listed by Australian Securities and Investments Commission as under External Administration and therefore now not within his or his partners total control), candidate and property developer Andrew Baker was finally forced to publicly admit that these four local businesses are in trouble due to the borrowings/debts allowed to build up against their assets.

However, ever faithful to his particular brand of political spin; He said that he was unable to explain why ASIC’s classifications were different to how he described them.

A statement which defies belief and a version of the Clayton's explanation he has tried before.

Apparently Mr. Baker has trouble admitting that his election campaign - built on assertions of competence and responsibility - does not mesh well with his history of poor business management as documented by the Australian Securities and Investments Commission (ASIC) below.

Click on images to enlarge

UPDATE

Price Waterhouse Coopers liquidators/receivers have currently taken control of properties in River Street, Maclean.

This is a provisional list*:

20A River Street
24-26 River Street
28 River Street
34-36 River Street
221-223 River Street, Maclean

It is understood that The Palace Arcade may possibly also be part of the properties package being held by the liquidator/receiver. 

In addition Price Waterhouse Coopers have taken control of Lots 8 &  11 Dianella Drive, Gulmarrad, NSW and possibly any unsold lots in the subdivision known as Lot 1712 DP616116, McIntyres Lane, Gulmarrad.

* In the interests of accuracy the list has been changed to reflect property descriptions in ASIC documents.

UPDATE

In The Daily Examiner on 7 September 2012 Andrew Baker stated that he offered voters; the management skills and life experience to deliver that quality management if elected to serve on  Clarence Valley Council.