Wednesday, May 12, 2021

The freedom of the press still furnishes that check upon government which no constitution has ever been able to provide – Chicago Tribune.

Tags Huge fallout

Tag: huge fallout

EXCLUSIVE: $2.5m owed by liquidated firm linked to Native Title organisation



While Lhere Artepe remains tight-lipped about the Mt Johns
development, an industry source says the subdivision is "at practical
completion now".
It is entering the phase when service authorities – mostly the
Power and Water Corporation and the Town Council – are carrying out
final testing.
The source says the services such as power, water, sewage, roads
and drains are ultimately taken over by these authorities who then
guarantee their adequacy.
Once they are ticked off titles can be issued.
The source says it is normal for some deficiencies to be discovered
in this process: this was the case with Stirling Heights and the Golf
Course Estate, for example. These deficiencies are fixed prior to the
issue of titles.
LAE Nominees Pty Ltd – an entity linked to the native title
organisation Lhere Artepe – is the majority shareholder in the now
defunct CDE Civil Pty Ltd, as well as the holder of the development
lease, granted by the government, at Mt Johns Valley. They are two
separate entities.
Meanwhile the CDE Civil website, alive earlier this week, comes up with the message "account suspended".


CDE Civil Pty Ltd, which is linked to the Native Title organisation
Lhere Artepe, owed $2.5m to 56 creditors when it was put into
liquidation on Friday last week. Alice Springs News Online learned this
from a reliable source today. The company was involved in the still
unfinished Mt Johns residential estate which followed a native title
deal between the NT Government and Lhere Artepe. According to our
source, the list of creditors is headed by the Tax Department ($1.6m), a
pipe laying company, a plumber and an electrician. A local clinic is
owed $200.

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