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Law
3 mins to read

Former Optimizer HQ director to pay $850k in Smartpay dispute

Compensation order follows finding Auckland businessman Manas Kumar breached director duties.

Manas Kumar.

Hamish McNicol Tue, 01 Nov 2022

The director of a former NZX aspirant has been ordered to pay $850,000 in compensation to NZX-listed Eftpos equipment provider Smartpay for more than 1100 missing terminals.

Optimizer HQ, which provided mobile credit card payments services and was founded by Auckland businessman Manas Kumar, has

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Hamish McNicol Tue, 01 Nov 2022
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
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