News
Bridgecorp investors to receive first meagre payout next month
Monday 18th of July 2011
Receiver Colin McCloy says in a letter to debenture holders the key issue of what was owed the Inland Revenue Department has been resolved with no additional claims made and IRD's existing claim of $3.9 million reduced to $3.6 million and paid in full.
In his last report in March, McCloy had warned a further IRD claim might be forthcoming and he couldn't distribute anything to investors...
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