scone.com.auOfficially Bankrupt
NATHAN Tinkler was officially declared bankrupt this week, after failing to appeal last month’s federal court decision.
Following the court decision Mr Tinkler resigned his position as managing director and chief executive officer of Australian Pacific Coal, but maintained an advisory role with the Company.
Yesterday, Mr Tinkler also relinquished that role.
The bankruptcy resulted from a case brought against Mr Tinkler by GE Commercial relating to a shortfall of $2.8 million after the sale of his private jet.
His thoroughbred property, Patinack Farm remains under administration by Deloitte.
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