Business
Grocon creditors facing ‘significant shortfall’ – The Australian Financial Review
Daniel Grollo says a legal win against the NSW government over the Central Barangaroo project would form the basis of any payout to creditors.
Very sorry: Grocon boss Daniel Grollo in 2018. Wayne Taylor
Addressing creditors at the start of the meeting, a “very sorry” Mr Grollo again blamed the Central Barangaroo project for the cause of all its financial problems and the closing down of its construction business “in a most undignified way”.
“The cause of this administration I firmly put at the feet of Infrastructure NSW,” he said. “Little did we know then that I would be standing before you today as a result of the subsequent unconscionable…
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