Receivers ask Du Val founders: ‘Where are the assets?’

PwC will ask the court to direct Charlotte and Kenyon Clarke to provide more information. (Image: Supplied)

Thu, 21 Nov 2024

Receivers controlling the affairs of Du Val founders Charlotte and Kenyon Clarke say they have questions about the location of some of the couple’s assets.The Du Val property development and investment group was placed in statutory management in August owing an estimated $240 million, and the Clarkes themselves are in receivership.PwC was appointed receiver and statutory manager after the Financial Markets Authority (FMA) gained an asset preservation order over dozens of Du Val businesses and the couple.A court hearing set down for Dec 3...

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