‘Neglect, inexperience, incompetence’: IOOF unit faces $82M trial over plantation sale

Alan Sullivan 2019-07-01 7:23 pm By Miklos Bolza | Sydney

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IOOF subsidiary Australian Executor Trustees (SA) is facing an $82 million claim for compensation by investors angered by the way the trustee handled the sale of a 42,000 hectare timber plantation run by collapsed forestry giant Gunns Group.

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