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Former PM found liable for millions in damages

Former PM found liable for millions in damages

The Front Page · NZ Herald

February 26, 201917m 14s

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Show Notes

Former Prime Minister Dame Jenny Shipley has been found liable for millions in damages by the High Court, along with other Mainzeal directors

The failed building giant had been trading while insolvent despite its high profile - and creditors would have been better off if the company had been put into liquidation earlier, according to the High Court.

The four directors have been found liable for a combined $36 million in damages.

And Labour goes on the defensive over capital gains tax.

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Topics

currenteventsheraldmainzealnewnewszealand