Citadel Capital owes IRD more than $600,000
Farhad Moinfar’s property development firm has spent months trying to cut a deal with Inland Revenue to settle the debt.
Citadel Capital was behind the 72-unit industrial development, Ironworks, in Westgate, Auckland.
Auckland property development firm Citadel Capital has spent several months trying to cut a deal with Inland Revenue over an unpaid tax bill of more than $616,000.
The size of the debt was revealed in a judgment by the High Court on Monday, in which Justice Dani Gardiner dismissed an application by
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