Rilean Central News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Rilean central. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Rilean Central Today - Breaking & Trending Today

Directors of failed large Queenstown construction company likely to stump up retentions money


Dasha Kuprienko/Stuff
Rilean Central Otago director Gary Dent is the only director of the company after fellow director Stephen McLean resigned in June 2020, four months before the company went into liquidation.
The liquidator’s first six-monthly report released in May said there was evidence of a shortfall in retention money. Some $418,422 retentions had been claimed, the report said.
“We have raised the matter with the company directors who are actively working to rectify this issue. Discussions remain ongoing,” the report said.
“At this stage we’re expecting that all retention creditors will get paid what is owing to them, but there will be a number of unsecured creditors who will suffer a shortfall. What exactly that is at the moment I don’t know,” Cain told ....

Rhys Cain , Stephen Mclean , Companies Office , Inland Revenue , Rilean Construction , Central Otago , Rilean Investments , Rilean Central Otago , Rilean Central , Remarkables Residences , Construction Canterbury , ரைஸ் கெய்ன் , ஸ்டீபன் மக்லீந் , நிறுவனங்கள் அலுவலகம் , உள்நாட்டு வருவாய் , மைய ஆடாகொ ,