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King Brothers was an Australian bus company operating route and school services in the Great Lakes and Mid North Coast regions of New South Wales. It collapsed in April 2003 with debts of $220 million, after owners Peter and Tony King were charged with and later convicted of fraud. ==History== J&L King was a small family bus operator with route and school services between Kempsey and Crescent Head. It also operated a used bus dealership. In February 1991 it purchased the school services of Argent's.〔"Town of the Month - Kempsey NSW" ''Australian Bus Panorama'' 9/7 March 1994 page 16〕 At some stage it operated a Port Macquarie to Tamworth service that was sold in 1996.〔"King" ''Australian Bus Panorama'' 12/2 October 1996 page 58〕 After control passed to twin sons Tony and Peter, in the late 1990s / early 2000s King Brothers expanded rapidly with the acquisition of a number of operators in the Great Lakes and Mid North Coast regions including:〔(King Brothers ) Australian Bus Fleet Lists〕 *Coffs Harbour Bus Lines〔(Coffs harbour Bus Lines ) Australian Bus Fleet Lists〕 *Glynn's, Grafton〔(Glynn's, Grafton ) Australian Bus Fleet Lists〕 *Grafton Bus Co〔(Grafton Bus Co ) Australian Bus Fleet Lists〕 *Grafton-Yamba Bus Service〔(Grafton - Yamba Bus Service ) Australian Bus Fleet Lists〕 *Great Lakes Coaches, Bulahdelah & Heatherbrae〔(Great Lakes Coaches ) Australian Bus Fleet Lists〕 *Joyce Valley Link, Urunga〔(Joyce Valley Link ) Australian Bus Fleet Lists〕 *Newman's Bus Service, Macksville〔(Newman's Bus Service ) Australian Bus Fleet Lists〕 *Pell's Bus Service, Nambucca Heads〔(Pell's Bus Service ) Australian Bus Fleet Lists〕 *Port Macquarie Bus Service〔(Port Macquarie Bus Service ) Australian Bus Fleet Lists〕 *Sonter's Bus Service, Laurieton〔(Sonter's Bus Service ) Australian Bus Fleet Lists〕 The business was put up for sale however in April 2003 the business collapsed with debts of $220 million after the owners were charged with, and later convicted of, having defrauded the National Australia Bank and Toyota Financial Services by selling and leasing back fictitious buses.〔(King brothers to be sentenced over NAB fraud ) ''Australian Bus & Coach'' 16 September 2008〕〔(King gets nine months more ) ''Australian Bus & Coach'' 23 September 2008〕〔(The curious case of the 300 buses that never were ) ''Sydney Morning Herald'' 6 June 2003〕〔(King Brothers to stand trial on bank fraud ) ''ABC News'' 10 October 2005〕〔(One of brothers behind failed bus firm guilty of $44m fraud ) ''The Australian'' 19 September 2006〕〔(King brothers to be sentenced separately over NAB fraud ) ''ABC News'' 15 September 2008〕 The operation was sold by its administrator to Busways in September 2003.〔(Bus firm buys failed King Bros business ) ''ABC News'' 24 September 2003〕 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「King Brothers (bus operator)」の詳細全文を読む スポンサード リンク
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