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

Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day. 

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<li>Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day. </li>
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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

Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day.

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