
Zone RV Collapse: Victims Push for Biggar Prosecution
About this episode
Former Zone RV director David Biggar faces scrutiny for allegedly breaching the Corporations Act, leaving creditors, including retirees Natasha Daley and Eduard Planken, with significant losses. Liquidators accuse Biggar of poor money management and trading while insolvent. Customers launch a national campaign, urging ASIC to investigate and demanding accountability.
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Sydney News Today | 2 Min News | The Daily News Now! — Zone RV Collapse: Victims Push for Biggar Prosecution. Machine-transcribed; use the interactive transcript above to jump the player to any line.
Customers hit hard by the zone RV collapse are pushing hard for Australia's corporate watchdog, Asick, to go after former director David Bigger. The luxury caravan maker went bust in December, leaving $42 million in debts to hundreds of creditors like staff, suppliers, and buyers. Now in liquidation since January, its assets got snapped up by arrival to keep the brand alive. Liquidators from core quarters slammed Bigger for breaching the Corporations Act, saying he kept trading while insolvent for up to two and a half years. And didn't act in good faith. They blamed poor money management and leaning too much on customer payments to stay afloat. Bigger signed a deal to loan the company up to $10 million himself last December, but it wasn't enough. Folks like retirees, Natasha Daily and Edward Planken lost Big Daily's Australia trip dreams, vanished, forcing her back to work for 12 to 18. Months, while Planken dropped $154,000. These everyday moms and dads feel betrayed, launching a national campaign, writing to Asick, and even protesting outside MP's offices to demand a full.
Treasurer Jim Chalmer's voice support, saying his heart goes out to older Aussies stung by this and noted Asick's new chair and $350 million in penalties last year alone. Misconduct reports to Asick jumped with 9,686 in the second half of last year, though they can only chase a few. Opposition calls the watchdog under resourced. Meanwhile, liquidators are prepping a possible $21 million civil claim against Bigger with a creditor update coming this month. The new owner offers discounts to old customers, but many can't afford to buy again. These families vow to keep fighting until there's real accountability and answers. This has been Sydney News Today, powered by AI. I'm Cory with the story.
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