Former Tenths trustee tells Love trial he was ok with 'consultants' getting $3M fee

Wed, 24 Aug 2016

By Sophie Boot Aug. 25 (BusinessDesk) - A former trustee for the Wellington Tenths Trust has told Ngatata Love's fraud trial that he was ok with the idea that "consultants" could be paid a $3 million fee for negotiating a deal with property developers. Former Tenths Trust chair Love is charged with obtaining a secret commission and obtaining significant sums by deception. The Crown says he signed an agreement in late 2006 with Auckland property developers Redwood Group and Equinox Group to ensure they could lease land owned by the Tenths...

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