The holding company of a high-powered fintech superannuation group that has tumbled into receivership, Sargon Capital, bled nearly $25 million over 2017 and 2018 and is yet to file accounts for last financial year.
Sargon, whose board had included entrepreneur Phillip Kingston, former Crown Resorts chairman Rob Rankin and ex-Senator Stephen Conroy, had posted losses of $5.6 million in 2018 and $18.7 million in 2017, according to latest accounts filed with regulators.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
Liz Main is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Liz on Twitter. Email Liz at liz.main@afr.com.au
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
