Assets may not be legitimate, say Du Val receivers

Du Val founders Kenyon and Charlotte Clarke. (Image: Supplied/Screengrab)

Thu, 05 Sep 2024

Evidence of irregular accounting entries “creating assets that may not be legitimate” is one of the many reasons receivers PwC recommended that the Government put the Du Val Group into statutory management.The interim receivers' report for the failed Auckland property development group has been released, following applications to the High Court at Auckland by BusinessDesk and other media.The report is now publicly available, except for one page containing personal information about Du Val’s founders, Charlotte and Kenyon C...

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