Receivers estimate return to NZF Money investors
Investors face shortfall, return estimated at between 25%-42%.
Georgina Bond
Tue, 20 Mar 2012
Debenture holders in collapsed lender NZF Money, owed $16.4 million, will get back less than half what they are owed.
Receivers Grant Graham and Brendon Gibson of KordaMentha have estimated the return to be between 25%-42% -- a maximum overall recovery of $6.9 million - in their latest
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Georgina Bond
Tue, 20 Mar 2012
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