Andrew McDouall makes $150k offer to pay loans in liquidation

Andrew McDouall has offered to settle claims against him. (Image: NZME)

Wed, 28 Aug 2024

The director of McDouall Stuart Group, which is now in liquidation, has offered to pay $150,000 for intercompany loans taken ahead of its collapse. The latest liquidators' report for the group's subsidiary, McDouall Stuart Securities, which was also tipped into liquidation in 2019, reveals hundreds of thousands of dollars are still owing after the stockbroker’s collapse.It last traded in 2013. BDO’s Iain Shephard and Jessica Kellow’s have also issued a report on the group's liquidation and said they met...

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