Ralph Ignatius Paligaru (“Paligaru“) is the director of Dural Alliances Pty Ltd (in liquidation) and Mills Management (Fiji) Pte Ltd. Ralph has charged his interest in these 2 companies and personally to DCP Litigation Holdings Pty Ltd (secured by duly perfected PPSR’s).
Dural Alliances Pty Ltd was a company set-up with Ralph’s former partner in the land and development proposed project at 632 Old Northern Rd, Dural (“the Dural land“), Craig Adams, former director of Bargo Developments Pty Ltd (in liquidation).
Ralph held a little know (possibly secret) interest in Craig’s Dural project via a written joint venture between themselves entered into secretly, without the knowledge of the former vendor of the Dural Land.
In furtherance of this joint venture, Ralph in August 2017 borrowed $540,000 from Franklin Yeezy Holdings Pty Ltd, which he supplied to his bestie Craig Adams. Ralph was and still is (to our knowledge) the registered power of attorney of the former vendor.
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