Bad Debts are Bad Business – Why Have Albion Park Been Carrying Them?

Until David Fowler became Chairman of the Board of the Albion Park Harness Racing Club, the incorporated association reported no bad debts.

Immediately upon Fowler assuming the chair, there were bad debts reported for 4 years in a row.

We don’t know what these debts are, and don’t know who is responsible for them.

We also don’t know if they have been written off or repaid.

No suggestion is made that the Chairman is in any way responsible for the debts, but it is his responsibility to explain them.

We await his explanation with open ears.

applA

 

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