Debts of more than $5 million and a possible "unreasonable director-related transaction" are among the findings that led to a Canberra property developer copping a two-year ban from managing companies.
The findings were uncovered in a creditors' report of 3 Property Group 13 Pty Ltd, one of five failed companies Paul Hamilton was involved with before the Australian Securities and Investments Commission disqualified the local developer in October.
