Times have not been easy for Ted Sent. Having sold Primelife but retained as Managing Director, he was subsequently sacked in 2003 when discovered bugging the board meetings. In 2006 the tax office hit him with a $2.6 million bill for tax evasion. Now he has a bill of $4.3 million and ordered to pay an extra $3.3 million in interest. All this on top of his Beachmere Sands development north of Brisbane with plans for 1,100 ILUs gong into receivership last year. It was purchased from
Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care
For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...