Two companies owing millions placed in liquidation
Two companies owing $12 million have been placed in liquidation, with investigators quiet on whether a financial advisor was behind an alleged ponzi scheme.
The judge noted an appearance "seems unlikely" as the court registrar called the name of two companies on Thursday.
And he was right. No-one from Financial Planning Ltd or Impact Enterprises Ltd attended the hearing before Associate Judge Dale Lester in the High Court of Dunedin.
Notably absent was Barry Kloogh, the Dunedin-based financial advisor who at least one investor alleges was behind a ponzi scheme.
Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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73.1% We work hard, we deserve a break!
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16.2% Hmm, maybe?
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10.7% Yes!
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
How many balls of string does it take to reach the moon?
(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Celebrate in Style: Craft Your Own Decor with Testpots
Create handcrafted celebrations using Resene testpots. Find out how to create your own with these easy step by step instructions.
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