Closing the book on Capital + Merchant’s theft on a grand scale

It's time to lay the lender to rest. (Image: Getty)

Tue, 13 Jun 2023

With the last liquidator's report now lodged, the obituary for Capital + Merchant Finance was nicely summed up by Justice Lynton Stevens in December 2012: “Simply put, this is theft on a grand scale”.The report from the Official Assignee doesn't provide any succour to the thousands left out of pocket and comes more than a decade after the now-retired judge delivered the appeal court’s rejection of arguments from directors Owen Tallentire, Wayne Douglas and Neal Nicholls that their imprisonment for fraud was manifestly...

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