Tower Insurance fined $7m for misleading multi policy discount claims
According to the FMA, Tower has carried out remediation and repaid over $11.7m to customers. The fine comes…
Absolute Traffic Solutions liquidated over $1.1m Inland Revenue debt, 85 staff sacked
They appear in the accounts as preferential creditors but whether they will get their wages and salaries remains…
Engineering firm Obelisk Industrial goes bust, BNZ and Kiwibank among creditors owed $11m
Ecovis’ report said the company was in trouble for several months prior to the liquidators’ appointment, “caused by…