Administrators appointed for property spruiker and newspaper publisher Jamie McIntyre
McIntyre
The future of Australia’s newest national newspaper the Australian National Review appears in jeopardy after a court appointed administrators to a string of companies run by its founder Jamie McIntyre.
The developer, who launched the newspaper last October, lost a battle with corporate watchdog Australian Securities and Investment Commission (ASIC) which has won a court order to appoint of provisional liquidators for eight companies associated with his and his brother Dennis McInytre’s 21st Century group.
It is not clear whether the move will impact the newspaper, which launched as a fortnightly publication but which appears to have already moved to monthly publishing.
The first edition the Australian National Review included a number of stories written by McIntyre himself, and had headlines such as: “US Army held back assurance from Germany about Ebola virus being weaponised” and “Was Whitlam removed by the CIA? Critical facts you need to know.”
Stories from the first edition of the Australian National Review.
Comment has been sought from McIntyre about whether the move will impact the newspaper.
Simon Alexander Wallace-Smith and Robert Scott Woods of Deloitte have been appointed as provisional liquidators to corporate respondents to ASIC’s legal action commenced in August 2015.
The court also granted an injunction to ASIC, which was agreed to by McIntyre, preventing him and 21st Century from promoting a number of property ventures in Victoria.
McIntyre had heavily promoted his property investments in his newspaper publication.
The move comes after McIntyre clashed spectacularly in a Senate inquiry last week with independent Senator Nick Xenophon and Labor Senator Sam Dastyari, the latter of whom he threatened to sue, alleging he is the target of a wide-ranging conspiracy.
The Senate had been looking at some of the investments offered by McIntyre who has denied any wrong doing.
Nic Christensen
Update 3.00pm: A spokesperson from Australian National Review has now issued the following statement:
“On behalf of ANR management, I am emailing to clarify that the Australian National Review is unaffected by the proceedings against the land banking projects. ANR is published by 21st Century Media, the operations and management of which is completely independent of the land banking and property companies in question.
“The publication of ANR has and shall continue as per usual.”
