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Two men behind controversial New Norfolk housing project facing drug trafficking charges

The company behind a controversial housing development north of Hobart claims it is in the "process of restructuring" because two of its owners are facing criminal charges in Canberra.
The Australian Securities and Investment Commission (ASIC) register shows Matthew William Byrne of Googong, 32, of NSW and Sebastian Srna, 36, of Garran ACT, own two-thirds of the development company MBH Group (TAS), which is subdividing a large block of land near New Norfolk in Tasmania called The Fairway.

Mr Byrne and Mr Srna appeared in the ACT Magistrates Court on March 7.

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A number of lots are superimposed on an aerial image of New Norfolk.

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