No action from FMA on FE Investments failure
The financial regulator says the liquidator was better placed to recover money.
Lender FE Investments collapsed in 2020 owing $54.6m.
Tim Hunter
Tue, 25 Feb 2025
Hot Topic
EARNINGS
The Financial Markets Authority has quietly shelved its investigation into alleged malfeasance at failed lender FE Investments, saying its actions would not have generated better returns for depositors.
FE Investments collapsed in May 2020 owing $54.6 million to the public, of which $15.3m has been
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Tim Hunter
Tue, 25 Feb 2025
Contact the Writer: thunter@nbr.co.nz
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