Fall out continues for Canberra based staff of the former Godfreys retailer.
Godfreys had stores across Australia… including Gungahlin… and a super store in Fyschwick… Among others…
The retailer collapsed earlier this year, racking up losses of more than 66 million dollars… and a new buyer could not be found.
It’s been revealed, former staff may receive just 73 cents in the dollar for outsanding money owed to them… Employees are owed more than 10-million dollars, including annual leave, long service and redundancy…
Creditors – who were seeking 45-million dollars in debt, will get nothing.
25 customers will be out of pocket a total of $18,000
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