Former PM Shipley accused of reckless trading as Mainzeal director

Mon, 17 Sep 2018

By Nikki Mandow Sept. 17 (BusinessDesk) - Former Prime Minister Jenny Shipley and husband Burton were in court for the opening day of the high-profile case against Mainzeal's former directors. They include Shipley, career director Paul Collins, and Richard Yan, head of Richina Pacific, which owned Mainzeal. The building company collapsed in early 2013 owing more than $115 million to unsecured creditors. Problems included leaky buildings, cost overruns on the Vector Arena project and a lack of financial support from Richina when times g...

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