Salim Mehajer, the controversial former deputy mayor of Auburn, has been formally declared bankrupt by a federal circuit judge. In addition, Mehajer also faces a series of criminal lawsuits.
Salim Mehajer (Photo Source: network)
The name of the bankrupt company is SM Project Developments., according to the Sydney Morning Frontier. As early as September last year, the company issued a bankruptcy notice and opened bankruptcy proceedings in November last year because it could not repay its A $ two hundred thousand debt.
The application was backed by several creditors, including the Australian Revenue Authority and Prime Marble & Granite.
(photo source: Web)
On Tuesday, Federal Circuit Court Judge Justin Smith declared Mehajer bankrupt. At present, his real estate will be administered by the bankruptcy trustee. The legal fees for the application amount to A $20524, which will also be deducted from the proceeds from the property auction.
On January 24, the 31-year-old former deputy mayor and property developer was arrested and jailed on suspicion of plotting a car accident to "defraud" and obstruct justice.
