Five years to the day that administrators took charge of Arrium, including the assets later bought by British businessman Sanjeev Gupta, the former chairman of the collapsed steelmaker took the stand to fight off insolvent trading allegations levelled at him and his former board.
Jerry Maycock, who chaired Arrium from November 2014 until its demise, sat down in the NSW Supreme Court to discuss the events leading up to the decision taken by him and the other former directors on April 7, 2016, to call in the administrators.
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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
