Penrith. NAB keen to recover $1.8 million

Secured creditor, National Australia Bank, which appointed receiver PKF to sell the Penrith-based Western Weekender newspaper, on January 7, seeks to recover a debt of $1.8 million. It is understood the paper earns about $3 million a year. The paper’s owner,Greg Evans, was the former of the Sydney Spirit NBL basketball team. Mr Evans was board member of the Greater Western Sydney Economic Development Board, from March 2004 40 June 2008.