Former Pacific Edge chair Chris Swann in dispute over building company shares

Former Pacific Edge chair Chris Swann in dispute over building company shares
Chris Swann argued he made a $50,000 payment as he was required to. (Image: NZME)
Riley Kennedy
Dunedin businessman and former chair of Pacific Edge, Chris Swann, has gone to court claiming he didn’t get the shares owed to him in a Canterbury building company.Meanwhile, the existing shareholders argue the payment he made was for an overdue invoice.Between 2008 and 2016, Swann was the chair of Pacific Edge and has held multiple other directorships, including chair of Australian-based Frogtech Geoscience and chair of Waitaki District Health Services.The saleOn Nov 4, 2020, Swann signed a deal – called “the business agreeme...

More Finance

IRD issues warning to crypto holders ahead of audits
Finance

IRD issues warning to crypto holders ahead of audits

The IRD has identified 227,000 crypto-asset users in NZ and contacted those at risk.

Staff reporters 04 Jul 2024
$1.65b project to simplify switching banks a 'flop'
Finance

$1.65b project to simplify switching banks a 'flop'

Open banking has hindered competition rather than helping it, says lobby.

AAP 04 Jul 2024
MTF to investigate bullying claims
Finance Exclusive

MTF to investigate bullying claims

Chief executive Chris Lamers said he takes the claims 'very seriously'.

Murray Jones 04 Jul 2024
Payments NZ could play key role in open banking standards
Finance

Payments NZ could play key role in open banking standards

A draft decision proposes an 18-month approval, rather than the five years requested.

Ben Moore 01 Jul 2024