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Serepisos in ‘bad bank’ since Sept ‘09


Matt Nippert
Fri, 27 May 2011

Some mortgage loans to embattled Wellington developer Terry Serepisos have been considered impaired and ring-fenced in a “bad bank” since September 2009.

The revelation comes from National Business Review inquiries into claims made by Mr Serepisos that he was close to selling the Todd

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Matt Nippert
Fri, 27 May 2011
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Serepisos in ‘bad bank’ since Sept ‘09
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