Prolific property flipper’s IRD debts rise to $13.7m
Liquidators of Rickhil Prakash’s three companies are investigating other entities that are involved in flipping residential properties in South Auckland.
The collective debts owed by Rickhil Prakash’s companies to the tax department have ballooned to $13.7 million, as liquidators begin to sniff around other entities that are part of his property-flipping network.
Prakash, who is also the director of Hills Real Estate, was identified by the New
