Hughson of Hawera accountants Hughson & Associates said he also had money in Central Park Property Investment, the company associated with Albany-headquartered Maat. Hughson is also a director of Central Park Property Investment along with Neil Tuffin, Maat's managing director. One investor in his late 70s said he had invested $1m in Central Park Property Investment and was receiving $5000 per month as payments from Maat. Another investor in his mid-80s with Central Park Property Investment shares was not overly concerned. Many investors in the Nido property were retired farmers in the New Plymouth and Whanganui areas, he said.

Source: New Zealand Herald November 19, 2020 17:29 UTC