Millions in related party debt outstanding from taxpayer-backed fund
Property in Coromandel and Queenstown linked to Rich Lister's loans.
Tim Hunter Fri, 18 Mar 2016
Related party loans from a taxpayer-backed Cayman Islands investment fund to interests associated with NBR Rich Lister George Kerr remain unpaid, latest financial statements show.
Accounts seen by NBR for the Torchlight Fund Limited Partnership, in which Crown Asset Management is understood to
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