FMA continues complex Du Val investigation two years after statutory management order
The Financial Markets Authority says its investigation into Auckland property developer Du Val remains ongoing two years after the company was placed in statutory management.
Two years after Du Val was placed into statutory management, the Financial Markets Authority said its investigation into the convoluted property developer group is continuing. The FMA's head of enforcement described the inquiry as highly complex but declined to provide further detail on the active investigation.
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Du Val two years on: ‘It’s highly complex’ FMA says
Two years on from the extraordinary move to put Auckland property developer Du Val into statutory management, the Financial Markets Authority says its investigation into the convoluted group “remains ongoing and is progressing”. While the Financial Markets Authority (FMA) does…