MK liquidator floored by phoenix allegation
Sydney liquidator Steve Naidenov has been asked if he knew an insolvency appointment was a phoenix transaction during an at times heated public examination into the affairs of the MK Floors Group. The question, which Naidenov strenuously rejected, came towards the end of the first day of a multi-day examination brought by the Commonwealth’s FEG Recovery Unit. FEG is seeking $1.5 million from Naidenov and Veritas Advisory head…