Kurow-Duntroon Irrigation Company out of receivership by end of October

Kurow-Duntroon Irrigation Company was put into receivership in May. (Image: Getty)

Thu, 06 Oct 2022

A North Otago irrigation scheme is expected to be back in the hands of its community owners by the end of the month after a dispute with an Australian stock exchange-listed construction company was settled.But the terms of the settlement are being kept secret.Earlier this year, the Kurow-Duntroon Irrigation Company (KDIC) was tipped into receivership by government entity Crown Irrigation Investment Ltd (CIIL) and voluntary administration by its own board. This followed an arbitration which found KDIC was liable to pay Monadelphous (ME...

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