SOCIETY FOR PROMOTION OF COMMUNITY STANDARDS INC.
Christchurch’s Global Developments (Waltham) Ltd has gone into liquidation, having built this block of flats at 60 Waltham Rd for Housing New Zealand.
Another Global Homes company has gone into liquidation, just as it was to complete a $4 million sale to Housing New Zealand (HNZ). [It was put into liquidation on 22/07/15]
See SPCS Analysis of Clancy-directed companies
The Financial Markets Authority has issued its first ever ‘stop order’ against a company linked to a controversial Hamilton housing development. [Read more…]
Convicted fraudster Alex Swney was declared bankrupt today.
Last month he was jailed for five years and seven months for using false invoices to fraudulently obtain more than $2.5 million from the downtown Auckland promotion agency Heart of The City, which he had founded and led for
nearly two decades.
Alex Swney – TV(NZ)
Swney was also found guilty of tax evasion, having avoided paying more than $1.7 million in taxes to Inland Revenue. Including penalties and interest, he was found to owe $3.8 million.
The bankruptcy – which had been sought by the IRD – is now in the hands of the Official Assignee, who will seek to recover funds for any creditors. [Read more…]
The Serious Fraud Office has laid charges against a man they say lived off millions of dollars fraudulently obtained from others.
Mark Lawrence Ivil , 58, was on Thursday charged in the Tauranga District Court with 21 charges of obtaining by deception, 14 of obtaining by false pretence, two of using a forged document and two of obstructing an investigation.
It’s alleged that from 1990 to 2014 he fraudulently obtained $4.28 million. [Read more…]
Link toPDF file: Unsecured Creditors Claim Form
All creditors, including contractors and subcontractors owed money from John Clancy’s various liquidated companies, need to URGENTLY contact the appointed Liquidator(s) to file a claim on the appropriate creditor’s application form (see link above and more below). [Read more…]