Former boss of collapsed ad firm asked if he relied on ‘insufficiently vigilant’ agencies to make money

The former director of defunct out of home advertising firm Ambient Advertising has rejected claims his company “trimmed” the number of street posters it was contracted to produce but said there was an accepted industry process of “managing the inventory”.

Mark Fishwick

Quizzed for a second time at Sydney’s Supreme Court about the business practices and ultimate collapse of Ambient Advertising in late 2013, Mark Fishwick rejected suggestions his company deliberately tricked customers and reduced orders in order obtain a better return.

And he denied his firm relied on “insufficiently vigilant” agencies which failed to check whether contracts had been honoured. On the contrary, Fishwick claimed Ambient went “out of its way” to show it had delivered on agreements.