Du Val shareholders saw a green light from FMA to invest

“We're living in 1980s East Germany": Du Val's Kenyon Clarke fumes. (Image: Supplied)

Wed, 18 Sep 2024

Du Val Property Group directors were let off with a warning and a promise of no adverse public comment from the Financial Markets Authority a month before raids and receivership took that company out of their hands. “We're living in 1980s East Germany. It's a wild conspiracy,” said Du Val co-founder Kenyon Clarke, commenting on the warning and subsequent seizures. BusinessDesk has obtained a letter from the Financial Markets Authority (FMA) to Du Val Property Group (DVPG) dated July 2. The letter wrapped up a...

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