'Evasive' Ken Wikeley loses US$1.5M OMG suit

Thu, 18 Apr 2013

April 18 (BusinessDesk) – Ken Wikeley has lost a US$1.5 million lawsuit brought by an investor in a failed mining venture related to Orion Minerals Group in a judgement that describes the businessman as “frequently evasive under cross-examination.” Wikeley is best known for his involvement in Rainbow Corporation in the 1980s, as managing director of Aquaria 21 in the 1990s, and in the affairs of the serial NZX Listing Rules infringer, Plus SMS. Judge Stephen Kos found for the plaintiffs in his April 10 judgement, dismissing arguments from Wik...

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