FMA, liquidators cut $10.2M deal with Dominion Finance and North South Finance directors

Mon, 08 Jun 2015

By Fiona Rotherham June 8 (BusinessDesk) - The Financial Markets Authority and the liquidators and receivers of failed finance company, Dominion Finance, have reached a $10.235 million settlement in relation to civil claims against the directors of the group and its subsidiary North South Finance (NSF), which will see the fund go back to investors. As part of the deal, the FMA will end its civil proceedings against both defunct companies' directors - Ann Butler, Robert Whale, Richard Bettle, Paul Forsyth and Vance Arkinstall. Former Domin...

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