Four Mainzeal directors, including former prime minister Dame Jenny Shipley, have been found liable for $36 million in damages over the collapse of the construction company. Shipley and fellow directors Richard Yan, Peter Gomm and Clive Tilby breached their legal duties as directors, the judge found, but he ruled Yan bore a higher level of responsibility for losses, having "induced" the other directors to breach their duties. READ MORE:* Mainzeal directors not banned but a 'reminder' of the risks directors face* Former prime minister Dame Jenny Shipley ordered to pay $6m over Mainzeal collapse* Mainzeal civil trial judgment to be published at noonRichard YanYan is the most high-profile of the directors, as the founder and head of Richina Group, the parent company of Mainzeal Group. Peter Gomm​Peter Gomm worked for Fletchers in Wellington from the time he arrived in New Zealand in the early 1980s, before moving to Australia. STUFF Richard Yan worked for Mainzeal in his school holidays, before eventually taking it over.

Source: Stuff February 27, 2019 00:03 UTC