Two of Hastie Group’s non-executive directors have stepped down from their positions after the group spirals into liquidation.

 

Lindsay Phillips and Harry Boon have both left the company as a $20 million accountancy irregularity has seen the company appoint voluntary administrators.

 

The engineering services company’s spectacular collapse has seen 3,000 jobs lost, while its $540 million debt to its banking fanciers will most likely have to be written down.