Directors of failed large Queenstown construction company likely to stump up retentions money
Dasha Kuprienko/Stuff Rilean Central Otago director Gary Dent is the only director of the company after fellow director Stephen McLean resigned in June 2020, four months before the company went into liquidation. The liquidator’s first six-monthly report released in May said there was evidence of a shortfall in retention money. Some $418,422 retentions had been claimed, the report said. “We have raised the matter with the company directors who are actively working to rectify this issue. Discussions remain ongoing,” the report said. “At this stage we’re expecting that all retention...
Source: stuff.co.nz