NF Global director says he's quit, as company liquidated

NF Global director says he's quit, as company liquidated
Claude Oberto has been director of NF Global, the payments company now in liquidation.
Victoria Young
Five more international creditors emerged to support the liquidation of payments company NF Global as associate judge Roger Bell moved the firm into PwC’s control today.Associate judge Bell, faced with another $9 million in creditors’ claims, said the company was obviously insolvent and mostly addressed lawyers costs at a hearing in the high court at Auckland this morning.The person listed on Companies Office as NF Global’s sole director, Claude Oberto, came to court saying he was no longer the director of the payments company...

More Finance

ComCom will try to bring down PayWave, credit card surcharges
Finance

ComCom will try to bring down PayWave, credit card surcharges

Card industry tried to regulate itself, Govt has tried, now it is ComCom's turn.

Staff reporters 23 Jul 2024
Massive cyber outage cripples banks and other organisations worldwide
Finance

Massive cyber outage cripples banks and other organisations worldwide

A major cybersecurity outage has taken out computer-reliant services

Dileepa Fonseka 19 Jul 2024
Consumers agree on what constitutes fairness: FMA
Finance

Consumers agree on what constitutes fairness: FMA

NZ consumers have a remarkably consistent understanding of fairness, research finds.

Tom Raynel 18 Jul 2024