Filthy on Kleenmaid
WITH $20,000 lost and dreams of building his new home in limbo, Banora Point resident Tony Marshel is hoping to see Kleenmaid given its “just deserts”.
Mr Marshel and his wife Jill paid the whitegoods provider $20,000 for appliances for their new home just three days before Kleenmaid went into administration in April.
Two months on and Mr Marshel said he is certain he is among the 4500 other customers who will not see a cent of their money returned or their kitchen and laundry appliances arrive.
“Kleenmaid deserve liquidation and criminal charges. You can't pluck $20,000 out of the sky every five minutes,” the 59-year-old said.
“When you look at it, the people who lost their life savings are the ones who are really suffering. We lost a lot but we will recover.”
Mr Marshel had strong words for the Kleenmaid directors.
“When I first heard they had folded I felt horror, then rage,” he said. “I hope they get their just deserts. They shouldn't be able to do this again.”
“I'd like to get him in a corner,” Mr Marshel said of Kleenmaid director Andrew Young.
Kleenmaid was placed in the care of administrators Deloitte after amassing a staggering debt of more than $100 million on April 9, including $27 million in customer deposits.
Creditors voted the whitegoods provider into liquidation more than a month later on May 25 at a meeting Mr Marshel attended.
“I asked why they were at a convention in Brisbane just days before they went into administration. That show would have cost thousands of dollars.”
Mr Marshel, who owns Lighting and Electrical Designs in Tweed Heads, said the missing $20,000 has put plans to build his dream home in Banora Point on hold, but is optimistic it will eventually become a reality.
“It hasn't stopped us completely, he said.
“We will eventually build it, but it will take some time.
“We're just considering our options at the moment. There's nothing else we can do.”
Deloitte have found the company was plagued by cash-flow problems for almost two years, and that in June 2007 the group had a shortfall of assets to liabilities of about $20 million.
If found guilty of insolvent trading, Kleenmaid directors Brad and Andrew Young could face charges.
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