The Government's stepped in on Auckland apartment developer the Du Val Group, placing it in statutory management.

This follows Du Val Capital Partners and related companies being placed into interim receivership by the High Court earlier this month, with a police raid on the home of company founders Kenyon and Charlotte Clarke.

About 120 investors have put money into the entities.

So what do these moves mean for those investors, and how unprecedented is this level of response?

Today on The Front Page, Herald property editor, Anne Gibson, joins us to walk us through what happened, and who was pulling the strings at Du Val.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer: Paddy Fox
Producer: Ethan Sills

The Government's stepped in on Auckland apartment developer the Du Val Group, placing it in statutory management.
This follows Du Val Capital Partners and related companies being placed into interim receivership by the High Court earlier this month, with a police raid on the home of company founders Kenyon and Charlotte Clarke.
About 120 investors have put money into the entities.
So what do these moves mean for those investors, and how unprecedented is this level of response?
Today on The Front Page, Herald property editor, Anne Gibson, joins us to walk us through what happened, and who was pulling the strings at Du Val.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Sound Engineer: Paddy Fox Producer: Ethan Sills

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

What is the Du Val Group and why has it been put into statutory management?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f540a9ea-7ac8-4a42-a3c2-b1d400557507/transcript