Mako’s surprising Callaghan balance

Company that collapsed owing Spark $26 million scored a $4.3 million grant from the Crown.
 
Technology Editor Chris Keall talks about Mako on NBR Radio and on demand on MyNBR Radio.

Chris Keall
Mon, 07 Sep 2015

After Mako collapsed, owing Spark $26 million and a total $30 million in debt, one minor shareholder asked NBR, “How do you lose $30 million?”

He wondered, darkly, what had become of a $4.3 million research and development grant from the Ministry of Science and Innovation (later absorbed into

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