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Anne Gibson: NZ Herald property editor on Du Val Group being placed into statutory management
Manage episode 435507091 series 2098282
The Government has moved on Auckland apartment developer Du Val Group, taking the rare step of placing it in statutory management.
The move follows the group of companies being placed in interim receivership on August 2 after an application by the Financial Markets Authority.
NZ Herald property editor Anne Gibson says investigations are still ongoing.
"We don't really know what's going on here - we know that it is complex and serious."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
7749 episódios
Manage episode 435507091 series 2098282
The Government has moved on Auckland apartment developer Du Val Group, taking the rare step of placing it in statutory management.
The move follows the group of companies being placed in interim receivership on August 2 after an application by the Financial Markets Authority.
NZ Herald property editor Anne Gibson says investigations are still ongoing.
"We don't really know what's going on here - we know that it is complex and serious."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
7749 episódios
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