'Poor management' cited as factor in failed Taranaki business - News Summed Up

'Poor management' cited as factor in failed Taranaki business


Final liquidator's report into failed Taranaki business highlights poor management and loss of key contracts as reasons for its demise. (File Photo)A business set up by the man at the helm of a Taranaki iwi which lost the bulk of its $20 million treaty cash failed because of poor management, a final liquidator's report has outlined. The sole director of Septic Solutions was Greg White, the former head of Ngāti Tama. The final liquidators' report said two preferential claims totalling $17,726 were received relating to claims of unpaid GST, PAYE and applicant creditor costs. Attempts to contact White about the final liquidators' report have so far been unsuccessful.


Source: Stuff November 15, 2019 18:00 UTC



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