❓ Dr. Thomas questions the Minister about advice received from Deloitte and Cor Cordis regarding potential insolvent trading by Griffin Coal. The Minister confirms a report was released to creditors but no direct advice was given to the government, highlighting ongoing efforts to ensure energy security and support the Collie community.
AnsweredQoN 1085Legislative Council
Asked
19 September 2023
Member
Portfolio
State and Industry Development, Jobs and Trade
QuestionView source ↗
GRIFFIN COAL —
LIQUIDATOR
1085. Hon Dr STEVE THOMAS to the minister representing the
Minister for State and Industry Development, Jobs and Trade:
I refer to the current receiver
managers and liquidators of the insolvent Griffin Coal Mining Company.
(1) Since the
appointments of Deloitte and Cor Cordis to the insolvent Griffin Coal, what
advice or notification, formal or informal, has either company provided to the
government in relation to a timetable of potential insolvent trading by Griffin
Coal?
(2) On what format was the advice, opinion or analysis
communicated to government, and on what specific dates?
(3) Who or whom
within government was provided with the advice, opinions or analysis and what
actions within government were activated upon receipt of the advice, opinion or
analysis?
(4) Will the
minister table to the house any Deloitte or Cor Cordis advice, opinions or
analysis on the potential scenario of insolvent trading by Griffin Coal?
(5) If no to (4), why not?
LIQUIDATOR
1085. Hon Dr STEVE THOMAS to the minister representing the
Minister for State and Industry Development, Jobs and Trade:
I refer to the current receiver
managers and liquidators of the insolvent Griffin Coal Mining Company.
(1) Since the
appointments of Deloitte and Cor Cordis to the insolvent Griffin Coal, what
advice or notification, formal or informal, has either company provided to the
government in relation to a timetable of potential insolvent trading by Griffin
Coal?
(2) On what format was the advice, opinion or analysis
communicated to government, and on what specific dates?
(3) Who or whom
within government was provided with the advice, opinions or analysis and what
actions within government were activated upon receipt of the advice, opinion or
analysis?
(4) Will the
minister table to the house any Deloitte or Cor Cordis advice, opinions or
analysis on the potential scenario of insolvent trading by Griffin Coal?
(5) If no to (4), why not?
AnswerView source ↗
I thank the Leader of the
Opposition for some notice of the question.
(1)–(5) Cor
Cordis released a report to creditors on 13 December 2022 indicating that it is
the liquidator's view that Griffin Coal Mining Company may have been
insolvent in September 2022. The report is a matter between the liquidators and
creditors. Neither Deloitte nor Cor Cordis have provided any additional advice
to government on the matter since they were appointed. The government's
efforts to ensure energy system security for Western Australia and certainty
for the Collie workforce and community continue.
Opposition for some notice of the question.
(1)–(5) Cor
Cordis released a report to creditors on 13 December 2022 indicating that it is
the liquidator's view that Griffin Coal Mining Company may have been
insolvent in September 2022. The report is a matter between the liquidators and
creditors. Neither Deloitte nor Cor Cordis have provided any additional advice
to government on the matter since they were appointed. The government's
efforts to ensure energy system security for Western Australia and certainty
for the Collie workforce and community continue.
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