David Parker facing fresh allegations

With sublime timing, Investigate magazine has released new allegations regarding David Parker.
Investigate alleges that he hid an asset from creditors of his company and that he sold that asset of the company to a prominentDunedin businessman to secure an under-the-table payment by way of deception.
They have published affadavits to support their allegations.
UPDATE: SageNZ has a succinct summary for us.

Three major issues

  1. Hiding an asset from the liquidator.
  2. Preferential payments to some creditors
  3. A loan to a related/subsidiary company that was not disclosed to the liquidator and was not secured but appears to have been repaid in preference to external creditors.

The third of these is potentially the most serious.

But in an application to the National Bank by St James Ltd for more funding in late 1996, the documents disclose that Empire Delux had on-lent $132,336 to St James Ltd – a company owned 100% by David Parker, with no security.

Do you want:

  • Ad-free access?
  • Access to our very popular daily crossword?
  • Access to daily sudoku?
  • Access to Incite Politics magazine articles?
  • Access to podcasts?
  • Access to political polls?

Our subscribers’ financial support is the reason why we have been able to offer our latest service; Audio blogs. 

Click Here  to support us and watch the number of services grow.

As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.