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Re: Airport rail goes bust
- Subject: Re: Airport rail goes bust
- From: "Tezza" <tezza2000@dingoblue.net.au>
- Date: Sat, 2 Dec 2000 01:58:02 +1100
- Newsgroups: aus.rail
- References: <ijBV5.15$_42.2072@news0.optus.net.au>
- Xref: bclass.spectrum.com.au aus.rail:25911
"David Bromage" <dbromage@fang.omni.com.au> wrote in message
news:ijBV5.15$_42.2072@news0.optus.net.au...
> Taxpayers are one step closer to owning a $900 million lemon after the
> Airport Rail Link went into receivership yesterday. Accounting firm KPMG
> announced a receiver and manager would operate Airport Link Corporation
> after it could not pay back $190 million of its $200 million loan from the
> National Australia Bank.
>
>
http://www.dailytelegraph.com.au/common/story_page/0,4511,1473875%255E3163,00.
html
The SMH said it was $10m