12:00a.m. 27th December 2008

| By Mark Bode

Marc Withnall was a director of five companies that were either placed in administration or liquidation between 2004 and 2006.

The Building Services Authority is investigating a link between a defaulting construction company and a previously blacklisted property developer.

The Building Services Authority is investigating Marc Douglas Withnall's possible relationship with the Peregian Springs construction company, Park Avenue Constructions Pty Ltd, which trades as Paracon Homes.

The Daily received information this week that a number of sub contractors were chasing Paracon for money.

Mr Withnall was a director of five companies that were either placed in administration or liquidation between 2004 and 2006.

The companies include Noosaville based Castle Bay Projects and Coolum Developments.

In February last year, the Australian Securities and Investments Commission banned him from managing companies for three years.

BSA acting general manager Chris Boyle said Mr Withnall was barred for life from being a director, secretary or influential person of a BSA licensed company.

Betta Plasta director Broc Wright fears he will not see a cent of the $15,000 Paracon owes him.

Mr Wright said he had completed work on six Paracon homes at Peregian Springs but had only received payment for four.

He said he had received $10,000 and was told he would have to wait until February to get the rest.

The company did not tell him why it could not pay the invoice in full.

Mr Wright said he was shocked to find Mr Withnall sitting in Paracon's office when he picked up the $10,000 cheque last Friday.

"I dealt with him when he was director of Castle Bay," he said.

"The company went bankrupt and owed everyone money."

Mr Wright said he was sure there would be a long list of sub contractors owed money by Paracon.

Paracon director Susanne O'Keefe said Mr Withnall was not involved with the company.

She said all tradesmen owed money would be paid.

"We're dealing with people and will be trading out of this period," she said.

"I've spoken with the BSA and they are aware of my situation and they also know that we're legally taking on another developer that owes us money."

ASIC found Mr Withnall had failed to take reasonable steps to ensure books and records were maintained, permitted one company to trade while insolvent, failed to provide the liquidator with required information in relation to two other companies, and failed to pay taxes.