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Subbies accuse failed Decmil of dipping into retention funds

Out-of-pocket contractors say the liquidator has misused construction retention money.

Maria Slade Fri, 25 Sep 2020

Subcontractors owed money by failed prison builder Decmil claim the company’s Australian liquidator has spent $2.4 million in retention funds he is not entitled to.

ASX-listed Decmil Group placed its New Zealand subsidiary in liquidation in April after its $198 million contract with the

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Subbies accuse failed Decmil of dipping into retention funds
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