‘Misleading inconsistencies’ through Du Val business: PwC report
Just-released receiver’s report paints a picture of money ‘going all over the place’ via interparty loans, but leaves questions as to just how much the Clarkes took out of the business.
Kenyon and Charlotte Clarke, Du Val Group founders.
The receivers of Du Val and its entities, in the initial report last month, cited ‘irregular accounting’ entries that created non-existent assets.
In a redacted version of an August 16 report by PwC to the High Court on the affairs of the Auckland property developer, publicly released on
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