PPB Advisory administrators appointed to oversee collapsed Hastie Group say they have been unable to monitor the failed company's Middle East operations because they fear arrest if they travel to the United Arab Emirates, according to The Australian.
The claim was made as the Federal Court heard that the administrators have not been able to oversee any of the winding-up of Hastie's Middle Eastern building services operation over fears they could be found criminally liable for a business which owes wages to more than 1,000 employees in the UAE, the newspaper reported.
Hastie's Middle Eastern operations have been officially placed into liquidation by the court following an application by PPB administrator Craig Crosby.
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