The Supreme Court of NSW has ordered Courtenay House Capital Trading Group Pty Ltd and Courtenay House Pty Ltd (Courtenay House companies) to be wound up and has appointed two accountants from Grant Thornton as joint liquidators.
Associate director John McInerney and partner Said Jahani have been appointed to the role and now have control over the assets and business of Courtenay House companies.
This appointment is part of ASIC’s ongoing investigation into the Courtenay House companies, after they offered returns to investors on capital allegedly invested in foreign exchange and futures commodities when they were not licensed to do so.
Interim orders were initially made on 1 May 2017 to freeze Courtenay House companies’ assets and prevent them from carrying on a financial services business. Tony Iervasi, director of Courtenay House companies, was also prohibited from leaving Australia.
Grant Thorton was recently appointed as liquidator to ASX-listed commercial construction and property development company Diploma.