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
Community Living
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...
