The tax office is pursuing the founder of collapsed builder Modco Residential, Yusuf Khan, over almost $7 million in alleged unpaid taxes, interest and penalties.
The Commissioner of State Revenue has moved to wind up the company which owns the Library nightclub site, once controlled by Modco Residential founders.
Failed building business Modco Residential's glamorous co-founder Cynthia Lu is claiming she is owed $2.5 million from the collapsed residential building company.
