Creditors seeking Jopalo owner

THE owner of Yamba business Jopalo Boats has gone to ground and cannot be found.

Maclean solicitor Mark Spagnolo said he was acting for a number of creditors of George Lousick’s company, Jopalo Boats, who were owed ‘substantial amounts of money’.

“I have instructions from a number of clients who want to recover their money from Mr Lousick,” Mr Spagnolo said.

Mr Spagnolo said he would be making further inquiries, but did not have any idea of the whereabouts of the businessman.

“If anyone has any idea where he is we would like to know,” Mr Spagnolo said.

He would not give details of the number of creditors, or specific amounts of money involved, but said there could be more people seeking to recover their money.

Another creditor, Derek Clancy, of Inverell, is seeking to recover $50,000 in cash and equipment from the company.

He said his son had conducted a text conversation with Mr Lousick on Tuesday, which indicated that Indigenous Business Australia, an organisation that provides different levels of assistance to Aboriginal business people, had pulled out of a loan it had with the company.

“He was maintaining IBA had pulled out and he was dirty on them,” Mr Clancy said.

“He said he was pretty disillusioned with it all.”

The Daily Examiner contacted IBA yesterday and emailed a list of questions relating to Mr Clancy’s allegations. It had not replied by last night’s deadline.

Mr Clancy has floated the idea of creditors taking class action to recover their money.

“I’ve contacted a few of them and they would like to take a class action,” he said.

He said there were plenty of rumours about the location of the money and he would like to have access to Mr Lousick’s bank accounts to check them out.

“I know he had at least two bank accounts. The last time I paid him I put the money into an account of a G E Lousick,” Mr Clancy said.

The apparent collapse of Jopalo Boats has been a disaster for the Clancy family.

“My son and I and my four grandchildren planned to use this boat well into the future,” he said.

“You don’t get $45,000 together for this sort of project every day. It’s really rocked our set-up.”

Mr Clancy believes his boat is still locked in the shed in Uki Street, Yamba, where the company traded from.

“It’s only built up to the waterline, so it’s hardly worth salvaging,” he said.

Mr Lousick was unable to be contacted yesterday.



Plugged in to the Clarence community

premium_icon Plugged in to the Clarence community

Sparkies right on time for poll

Lawrence shows its true colours

premium_icon Lawrence shows its true colours

Weather can't stop flower show being a hit

Art world still surprises Pat after 40 years

premium_icon Art world still surprises Pat after 40 years

JADA Finalist nod for well-known Clarence artist

Local Partners