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Australian security firm MA Services collapsed, leaving over 1,000 workers unpaid amid tax and fraud issues.
MA Services, a major Australian security firm, entered voluntary administration days before Christmas, dismissing over 1,000 workers and leaving them without pay.
The collapse follows a $20 million tax demand from the ATO, suspected tax fraud involving subcontractors, and ongoing scrutiny over labor and financial practices.
The company, which held contracts with major retailers, government agencies, and sports organizations, had been under strain since founder Micky Ahuja’s resignation amid sexual harassment allegations.
Administrators Alvarez & Marsal are managing the fallout, coordinating with the Fair Entitlement Guarantee to assist affected workers, while the true scale of job losses remains unclear due to widespread subcontracting.
La empresa de seguridad australiana MA Services colapsó, dejando a más de 1,000 trabajadores sin sueldo en medio de problemas de impuestos y fraude.