Kiwi bus maker, director Allott embroiled in US fraud case

Thu, 30 Jun 2016

By Fiona Rotherham June 29 (BusinessDesk) - Kiwi bus maker Global Bus Ventures (NZ), which is supplying buses to the winner of public transport contracts in South Auckland, and director Murray Allott are entangled in a wide-ranging US lawsuit that alleges fraud, bribery, violations of racketeering statutes, and breaches of fiduciary duty. The bankruptcy trustee overseeing the liquidation of North Carolina-based bus maker DesignLine Corp – a company spun out of New Zealand, filed the lawsuit last year against company officials including f...

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