Bob Day has left a 'trail of destruction'

The SA Treasurer says the failure of Senator Bob Day's construction group has left a 'trail of destruction' as supporters raise funds to help save his career.

A fund raising campaign to help save Senator Bob Day's political career remains well short of its goal but may offer some help to his contractors and suppliers out of pocket after the collapse of his building group.

The gofundme campaign has raised more than $15,000 so far and organiser Tim Andrews says the senator has indicated he would like everything raised to go straight to pay those who are owed money.

"I have just spoken with Senator Bob Day and he is overwhelmed by everyone's kind wishes and contributions," Mr Andrews posted on the site

"Bob has requested that rather than a gift, all funds raised go to repaying his creditors and we shall be honouring this request."

Senator Day has gone to ground since revealing the failure of his Home Australia group on Monday along with his plan to quit the federal parliament.

The group owes suppliers and contractors at least $12.5 million, a figure that is likely to grow as liquidators delve deeper into the company's finances.

South Australian Treasurer Tom Koutsantonis said the collapse had left a "trail of destruction" and raised concerns about Senator Day's large donations to his Family First party and the impact that had on the company's fortunes.

"This is not beat up Bob Day, day," Mr Koutsantonis told reporters on Wednesday.

"But I'm a bit concerned about people taking money out of a company to fund a political agenda while there are people left behind without things finished or tradies left unpaid."

In a statement to staff and contractors on Monday, Senator Day apologised for the "pain, stress and suffering" the failure of his group will cause.

A meeting of creditors will likely be held next month, but that's not expected to offer much joy to those owed money or the estimated 200 home owners with partially finished projects who must now look to insurance to cover the cost of finishing the work.

Just when Senator Day will resign from the Senate remains unclear, though Family First is set to move soon on choosing a replacement.

Three people have nominated so far - South Australian Family First MP Robert Brokenshire, party staffer Rikki Lambert and former Family First Senate candidate and Kenyan-born lawyer Lucy Gichuhi.


Share

3 min read

Published

Source: AAP



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world