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Administrators did not tell creditors about AMMA referral

Administrators of two failed subsidiaries of troubled IPO hopeful Guvera did not tell creditors they had accepted the job on referral from an accountant whose family owns half of AMMA Private Equity, which has reaped more than $20 million in fees from the music streaming service.

Administrators did not tell creditors about AMMA referral
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  • Shared by The Australian and Accountancy Age
  • August 12, 2016
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Company documents show Canberra accountant Marc Wilson, a business associate of notorious Kiwi former bankrupt Mark Bryers, is also a director of numerous companies associated with AMMA and its founder, Darren Herft.

Read the full story at The Australian.

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