Name CAPITAL CAR SALES (CASINO) PTY. LIMITED
ACN 100 385 377
ABN 64 100 385 377
Type Australian Proprietary Company, Limited By Shares
Registration Date 30/04/2002
Next Review Date 30/04/2012
Status ** UNDER EXTERNAL ADMINISTRATION and/or CONTROLLER APPOINTED **
Locality of Registered Office Casino NSW 2470
Jurisdiction Australian Securities & Investments Commission
Now the rumour is that this company owes many tens of thousands of dollars, so perhaps Mr. George might like to explain the part he played in this business difficulty?
UPDATE:
SCANDAL has hit the NSW Nationals for the second time in a month with the revelation that a company owned by pre-selection candidate for Clarence Stuart George is in liquidation owing nine creditors more than $250,000.
The $267,620 in debts owed to creditors relate to monies owed by Mr George's former business Capital Car Sales (Casino) Pty Ltd - a figure he disputes.
The debts have the potential to derail his tilt at the seat for Clarence.
Both Mr George and his wife Margaret are listed as directors of the company.
On October 27 last year Mr George acknowledged the debt when he signed off on an Australian Securities and Investment Commission (ASIC) statement verifying report as director.
Mr George's creditors include the Australian Taxation Office, North Coast Petroleum, Allianz, Sensis, and his father Member for Lismore Thomas George, to whom he owes the bulk of the debt.
When The Daily Examiner contacted Mr George at a National Party conference at Port Macquarie yesterday he said he had never hidden the fact that his company was in liquidation.....
The rest of The Daily Examiner article by journalist Rodney Stevens here.