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Watchdog 'to investigate Beechwood' Fame it!
Posted on Jun 06 2008 4:51 AM by adeal

NSW Fair Trading Minister Linda Burney said she had written to the Australian Securities and Investment Commission (ASIC). "I have also written to the chairman of ASIC advising him of my concerns and requesting that Beechwood Homes collapse be subject of a thorough investigation by his agency," Ms Burney told NSW parliament today. "Around 350 families with houses under construction in Sydney, the Hunter and south coast are affected and I'm advised a further 580 people have paid Beechwood to draw up plans.



Full story: news.com.au
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