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Lee wants action on collapsed finance companies

Wednesday 3rd of July 2013

In the FMA’s latest report, it said finance companies made up only 15% of its inquiries and investigations over the past year and it had just two finance company investigations left to complete.

But Kapiti-based Chris Lee said the FMA had told him that it was looking at Strategic Finance, South Canterbury Finance, fund manager Epic, and St Laurence. And if it wants to take action, it onl...

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