Creditor fury at Crow show. By Rob Maetzig – Taranaki Daily News 29/08/09
A group of businessmen are furious the Taranaki Chamber of Commerce helped allow a debt-ridden man to be involved in a presentation on a major commercial development project for New Plymouth.
David Crow is the director of Buildwise Ltd, an Inglewood building company that has been placed into liquidation owing several hundred thousand dollars to at least 57 creditors, most from Taranaki. On Wednesday night he fronted up with his brother Steve at a Taranaki Chamber of Commerce function to give a presentation on multi-million dollar development plans for the New Plymouth RSA property.
The pair bought the premises for $1.9 million in July last year and are planning a $20 million commercial development called the Te Ara Complex. This has infuriated several business owners who are owed large amounts of money by Buildwise.