BRIEF CASE: the Financial Markets Authority’s civil suit against the Hanover directors is something of a damp squid after a long three-year wait by out-of-pocket investors
The Financial Markets Authority finally files civil proceedings against directors and promoters of the failed Hanover Finance, Hanover Capital and United Finance - but of surprisingly limited scope.
BusinessDesk | Tuesday March 13, 2012 | 13 comments
The cost of failed Hanover Finance boss Mark Hotchin’s Auckland mansion has blown out to $43 million, making it one of the country’s most expensive homes.