NZ’s dodgiest LBP Nominee – David Dew

It looks like Marlborough has more than its fair share of ratbags running for office. Diesel thief Aaron Goodwin is shameless enough to run for council even though he was arrested for being a drunken idiot and saying he supports New Zealand First.

Marlborough ratbag David Dew

Marlborough ratbag David Dew

Next up is current councillor David Dew who reckons he is fit for public office but can’t run a winery properly, let alone two so he liquidated his so he could run for mayor.

Marlborough District Councillor David Dew says he has put two of his companies into liquidation as he “clears the decks” to run for mayor in next year’s local body elections.

River Farm Vineyards and River Farm Wines were put into voluntary liquidation two weeks ago by their sole shareholder, Mr Dew.

He had decided to exit the wine business some time ago and had been winding down stock and vineyards owned, he said yesterday. Because of other commitments, he had handed over the process of completing this to PricewaterhouseCoopers, which would administer and market what was left to sell, mainly being two vineyards. The vineyards were being managed and the grapes in this year’s harvest had been sold.

There were minimal or no unsecured creditors outstanding, Mr Dew said, and the process would ensure things were tidied up while he devoted his energies to his legal practice and the Marlborough District Council, he said.

David Dew bottled his run for mayor. And he got even more bad press later last year

The Bank of New Zealand has recovered $2.24 million from the liquidated companies belonging to Marlborough District councillor David Dew, the liquidators’ reports show.

The reports, for River Farm Vineyards and River Farm Wines, say that while the two companies have about $191,000 in the bank, it is unlikely there will be any distribution to unsecured creditors in the liquidation.

Mr Dew said yesterday he believed there were no ”genuine” unsecured creditors who were owed money by the two River Farm companies apart from himself and the Bank of New Zealand.

He would not say how much he owed the BNZ, but said he hoped ”to have it resolved in the not too distant future”.

The bank had been paid funds from other sources over time, and he said he was confident agreement would be reached that would finalise the situation so all unsecured creditors other than himself would have been paid.

”That was the purpose of this process.”

Mr Dew put River Farm Wines and River Farm Vineyards into liquidation in March.He has declined to give details of the amount his companies owed when he put them into liquidation. The National Business Review reported in May the companies owed the BNZ $6.8m, but he said this was ”well out” in a lot of areas.

A bloke who dodges his obligations by putting companies into liquidation must be totally shameless to run for office.

 


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  • kevin

    Just the right (wrong) person to head an organization with a big budget… any council money problems, just up the rates. “Sorry rate-payers but…”

  • Cadwallader

    I have an idea he sat on the Law Society Disciplinary Tribunal a few years ago….might be wrong though.

    • kevin

      If so, that might help explain the skilled financial contortions…

  • BJ

    Don’t let anyone that has failed dismally in business anywhere near taxpayers money – ever!

  • Day Day

    Don’t let these characters near the cheque book. Or we’ll all be in a right pickle.

  • Rex Widerstrom

    he was arrested for … saying he supports New Zealand First…

    Are you getting the Horrid to sub the blog nowadays? :-D

    For a moment there I had a brief rush of joy till I figured it was just poor syntax…

  • Steve (North Shore)

    I have seen that sort of smile before – many times. Usually financial advisors who disappeared after Bridgecorp etc

  • GregM

    I met Dave Dew many years ago with a boating club, when he had a legal practice, and have continued to support him and his winery ever since. He’s actually a good bastard, and everyone will get paid out. He has done the right thing.
    He’s a good bugger.

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