Published: August 27, 2019
Anne Street Partners and QNV Constructions put into administration with debts totalling almost $150m
Two Australian businesses owned by the Tory peer and former Australian Liberal party donor Michael Ashcroft have collapsed in the space of a year with debts totalling almost $150m, raising questions about their demise and – in one case – the means used to bring it back to life.
The financial services group Anne Street Partners and the house builder QNV Constructions were put into administration after falling into difficulty over the past 12 months.
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