Nepean Motor Group - Receivership From Ge?

[Yo-Yo]

Is that David?? He owes a friend of mine unpaid wages as well....LOL.. Although my mate did'nt pursue it coz he had nothing in writting, he just resigned.

ahaha I made sure I got all my money owed to me as far as company money was concerned. I was quite close with dave myself

I was talking about a small loan for the pub kind of money

I was there for two years and you could tell it was all building up to something, needless to say I was hardly surprised when I heard the news and more than slightly relieved I resigned when I did

Edited December 30, 2008 by Yo-Yo

[memyselfandi]

One cheated the other??????? LOL

More like one (NK) used and cheated his way through everyone. From his ex-wife (and the sale of her fathers estate to get him started) to his latest appointment and partner of 1 month (a CEO!!!)

That place was nicknamed "the revolving door". New Managers and partners all the time. It was all building up to this. He had recently begun employing young and inexperienced people in senior accounts roles.

By the end the good people where gone and the only people he was left with where dinosaurs that could not find work anywhere else.

If it is true that he attempted to escape. Then he should be prosecuted to the full extent of the law. The last thing this country needs during difficult economic times is any amount of money leaving our shores. Specially to Pakistan..LOL

Let's admit it, when it comes to Bankruptcy, Australians can still earn a decent living.

EGG ON HIS FACE!!

i have also heard that (NK) has also ripped his own mother and his exwife and also took the kids from her. And now got married to some spanish girl??

[monkeykplunk]

Our boss told us that no fewer then 100 dealerships Australia wide won't be re-opening this New Year.

That's how bad the current new car climate has gotten.

[GTR-N1]

My brother-in-law Craig (who went on the NSW Cruise with us up to Singleton) has just squeaked thru' $5200 that was owed to him from a Winford lease (on a H6E). The Finance Mngr finally came thru' after 12 Ph Calls. Lucky boy!

[nmg]

Nadeen the part owner of NMG made 3 600K withdrawals and then left the country. Left his family and all. Top bloke.

Not quite true....... he is still in the area & crying poor, passport frozen - he came in to ask for a free coffee for his wife & himself because he was "broke" they barred him from setting foot on the premises, so you know what he did next? he pulled up outside & rang the cafe to ask them to bring him out 2 coffee's - free of course

He needs the letter "L" tattooed on his forehead

[nmg]

i just heard about the nepean motor group. wasnt there two owners of this motor group? someone was telling me that one of the owners cheated the other, is that true? what is the actuall story, do you know?

No comment

[nmg]

Does one certain Mr D. Holmes still work there? He still owes me money hahaha

I worked there for 2 years sorry to hear the news. I found out a week ago when serving a customer at work who happened to be the workshop manager at Castle hill toyota, made a comment about how I used to work at nmg and he told me the news

Yes "brutha" he still works here

[memyselfandi]

No comment

why no comments? tell us the facts . what's happening with K.S the other partner?

[EJD001]

Yes its true,

My best mate works for Peter Warren and they are not the only ones who have fallen over.(Nepean motor group)

Due to the climate noone is buying cars. In 50 years of Peter Warren being open this is the worse they have seen.

As Peter Warren Group owns nearly half of Liverpool that offsets the bad sales and are able to stay above water.

Most dealers rent the space, which means massive overheads compared to Peter Warren Group.

I was driving a fully optioned FG XR8 the other day and sticker price is over 60k.

They are selling it for 39k!!!! Which is a bargain!!!!

The car market is one of the hardest hit at the moment.

Windsor Ford are going, aswell as the one in Hornsby i think.

Correct.. Hornsby Ford has closed.No cars in the show room but i think they may still be doing parts and service...not to sure tho

[nmg]

why no comments? tell us the facts . what's happening with K.S the other partner?

So many rumours out there that I'd rather not get involved in spreading them, but KS I feel sorry for as he is in the same boat/if not worse off than the employees, at least he can still show his face around the place, poor buggar!

[nmg]

By the end the good people where gone and the only people he was left with where dinosaurs that could not find work anywhere else.

Gotta watch them "dinosaurs" remember what happened in Jurrasic Park?

(also they are the ones who do all the work & don't winge about it & are not big brown noses )

[memyselfandi]

So many rumours out there that I'd rather not get involved in spreading them, but KS I feel sorry for as he is in the same boat/if not worse off than the employees, at least he can still show his face around the place, poor buggar!

you wont be spreading rumours but instead informing people. there are so many people hurt and effected by you know who, that we would like to know how karma works.......

[Yo-Yo]

I'd better pop down and get some service parts for my car before they decide nmg is shutting too (cross fingers it doesn't)

It would be good to see my mate in parts anyway, 'ol mate "morris"

[thewhistleblower]

nmg would you like to tell the whole of the internet on mr Nadeem Khan's activities............

personal and work related

i am sure everyone would like to hear the truth about this man

Edited January 9, 2009 by thewhistleblower

[mammamia]

(Nadeen the part owner of NMG made 3 600K withdrawals and then left the country. Left his family and all. Top bloke.)

I dont think a person who has been king can be that dump! Neither its true that he has been arrested with that much cash amount. he knows everything get scanned before he leave the airport. He is a top bloke !!!

[memyselfandi]

(Nadeen the part owner of NMG made 3 600K withdrawals and then left the country. Left his family and all. Top bloke.)

I dont think a person who has been king can be that dump! Neither its true that he has been arrested with that much cash amount. he knows everything get scanned before he leave the airport. He is a top bloke !!!

well you are the only person who thinks that he is a top bloke! rest of the australia know he is a cheater and a back stabber who has used and manipulated alot of people and is now facing his fate.

[W0rp3D]

I find it very odd that out of the 36 posts before mine that 21 of them are from new members that have signed up just for this thread, never seen anything like this before........

[mammamia]

I find it very odd that out of the 36 posts before mine that 21 of them are from new members that have signed up just for this thread, never seen anything like this before........

He must have been hurting lot of people!

[nmg]

By Peter Gosnell

The Daily Telegraph, Sydney

January 14, 2009 12:00am

LAST week BizCon reported on the demise of Western Sydney Automotives and Nepean Motor Group, which slipped into administration on December 12.

This week we can report that on the same date major creditor Esanda Finance obtained asset-freezing orders over a number of bank accounts controlled by director Nadeem Khan.

Bizarrely, at least one of those accounts is allegedly in the names of Khan's eight-year-old twins, which may be why the kids are named as defendants on the court file.

Apparently Esanda, which is allegedly owed about $20 million, is disputing an alleged transfer of about $2.3 million out of the Western Sydney and Nepean group companies late last year.

The allegation is that about $1.9 million went into accounts in Khan's name and $400,000 was deposited into the twins' accounts.

At this stage no statement of claim or defence has been filed and the asset-freezing order expires on January 29, when the parties are due to return to court.

Link to article: The Daily Telegraph 14-01-09

Edited January 14, 2009 by nmg

[mammamia]

Link to article: The Daily Telegraph 14-01-09

rumours that KS been squeezing money from WSA accounts!! almost 300k in OCT. things happen when partnership fails. KS and nadeems ex wife in abid to buy NMG............?? Is it true???