A company once chaired by former Victorian premier Steve Bracks may have been insolvent for at least the last 10 months of his tenure.
Bracks resigned his role at then-listed commercial subleasing operation Victory Offices in May last year. It collapsed in November, with its liquidators stating in a recent report to shareholders that their “preliminary investigations” lead them to believe the company may have been trading while insolvent “from at least 30 June 2021″.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com