Mr Stanley Zbigniew Maka of North Adelaide, SA has been convicted of breaching his director duties after engaging in illegal phoenix activity.
Mr Maka appeared in the Adelaide Magistrates Court on 27 November 2019 and pleaded guilty to one count of breaching his director duties and one count of concealing company records. He was sentenced to four months imprisonment and released on a $500 12-month good behaviour bond.
As a consequence of his conviction, Mr Maka is disqualified from managing corporations for five years from 27 November 2019.
Mr Maka was a director of Eastwood Insulation Pty Ltd ACN 105 311 920 (Eastwood Insulation), a soundproofing and acoustic insulation services business in South Australia.
An ASIC investigation found that between about 4 July 2013 and 12 December 2016, Mr Maka unlawfully transfered assets and $200,000 from Eastwood Insulation to Thermal Clad Pty Ltd ACN
