NF Global director removes files from office 'for safeguarding'

NF Global director removes files from office 'for safeguarding'
Affidavit evidence of lawyer says director Claude Oberto and two associates were at the company’s offices on Sunday removing several boxes of files.
Victoria Young
Files have been removed from the offices of NF Global, the New Zealand online payments company which owes $16.8 million to creditors.NF Global has a liquidation hearing on Friday after associate judge Roger Bell in March issued a deadline for it to pay creditors or be placed in the hands of PwC’s John Fisk and Marcus McMillian.The payments company, previously known as Orwell Union, has refused to refund millions of dollars claimed by former Leeds Football Club owner Massimo Cellino, Hong Kong’s Sky Capital Management, Israeli busine...

More Finance

Life insurance market shrinks
Finance Risky Business

Life insurance market shrinks

Foreign firms dominate as affordability, tax and access barriers stymie growth.

Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

Court funding miss ‘undermines market confidence’
Finance

Court funding miss ‘undermines market confidence’

Plenary and Infrastructure NZ wrote to ministers over PPP ‘disappointment’.

Oliver Lewis 17 Sep 2025
Phasing out $6b capital layer unlikely to dent banks’ ratings
Finance

Phasing out $6b capital layer unlikely to dent banks’ ratings

Banks’ credit ratings likely unmoved if Additional Tier 1 capital phased out. 

Andy Macdonald 17 Sep 2025