Map Bothwell and Tasmanian Whisky

investors: The Bothwell distillery is facing questions over a scheme that allows investors to buy two barrels of whisky, and on maturation either sell them back to Nant with a 9.55 per cent return or keep them, according to Australian Broadcasting Corporation. At least two investors have claimed they had sought a return on their barrels and been turned away. Related Story: Tasmanian whisky given high praise by critic Map: Bothwell 7030 The bankrupt founder of an expanding Tasmanian whisky brand has rejected claims some investors in a barrel scheme have been "conned". Keith Batt cut ties with Nant Distillery last year before declaring bankruptcy, owing millions on a separate failed business. Bothwell farmer Pip Allright said she invested in the scheme in 2010, but five years later when she sought her return she was rejected. "I think a lot of people feel conned... you invest in something and you've been taken for a complete ride," she said. "A friend of ours actually did say, 'look, if you want your whisky, you're going to have to fight quite hard for it'." But Mr Batt said in some cases the whisky had not matured. "They are not the whisky experts, we are the ones putting our name on the bottle," he said. Nant Distillery said it had never refused to redeem a barrel on maturity and it has paid out all others. company-news, bothwell-7030 First posted February 09, 2016 07:05:28 More stories from Tasmania noindex Mr Batt said some investors wanted to on-sell the whisky, mixed with inferior product. "We just cannot let that happen," he said. "I believe there are six or seven investors out of several hundred who are trying to do this. "We had over 200 investors who we redeemed the barrels with, no concern, no problem whatsoever." Mr Batt said the issue of his solvency has no impact on the Nant Distillery at all. (news.financializer.com). As reported in the news.