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EUFA - Latest News [Page 1]
Bridgecorp - finally justice is done
Friday, 6 April 2012, 12:00 pm | EUFA
Investors who have heard the news that three former Bridgecorp directors were found guilty at the High Court in Auckland yesterday are elated, although still would like to see their money back. More >>
he BlueChip "Inquiry by the Public" group met today
Tuesday, 15 February 2011, 3:51 pm | EUFA
The BlueChip group running the "Inquiry by the Public" held a 5 hour meeting in Hamilton today to review and collate information to support the investigation into the BlueChip scam. The Inquiry has superseded the Authorities inadequate investigations. The group ... More >>
EUFA makes submission to Australia Parliament
Thursday, 3 February 2011, 1:29 pm | EUFA
In association with the relationship between EUFA and the Australian ‘Banking and finance consumers Support Association (inc)’ EUFA have today submitted a 20 page submission to the Australian Senate Standing Committee on Economics. More >>
Call For Statutory Management For Allied Farmers
Wednesday, 11 August 2010, 3:46 pm | EUFA
EUFA are publicly calling today on the Securities Commission to put Allied into Statutory Management immediately. In December 2008 Hanover Investors were cheated by the propaganda of Hanover which coaxed investors into voting for Moratorium. More >>
Investor meeting for investors in Timaru
Friday, 30 July 2010, 1:17 pm | EUFA
The agenda is to inform investors of the lack of transparency and why Alan Hubbard was put into Statutory Management. The fundamentally wrong process will also be exposed showing the Authorities failed investors over the past ten years, directly causing ... More >>
Authority Negligence now out in the open
Thursday, 24 June 2010, 3:14 pm | EUFA
The Corporations (Investigation and Management) Act 1989 [statutory management] was passed to protect all parties involved with a company from dishonest or reckless practices. It was not intended as an alternative to other insolvency laws, while ... More >>
Why Only Hubbard?
Wednesday, 23 June 2010, 11:31 am | EUFA
Investors, who have lost money with around fifty mismanaged finance companies, including Bridgecorp, Hanover, St Laurence and Strategic, are up in arms. More >>
Reserve Bank of New Zealand under the spotlight
Friday, 4 June 2010, 4:54 pm | EUFA
Last week, the Reserve Bank of New Zealand’s (RBNZ) legal counsel abruptly closed communication on a matter in response to questions relating to an Irish High Court Report. The report sent under the Order of a High Court Judge in 2004 has to have ... More >>
Bryers’ sentencing today
Thursday, 20 May 2010, 9:47 am | EUFA
Groups of Tauranga BlueChip investors are heading to Auckland District High Court today to attend the sentencing of Mark Bryers. More >>
'Super-regulator' for financial markets announced
Thursday, 29 April 2010, 11:16 am | EUFA
New initiative being introduced by Government, announced by Simon Power tonight, is an insult to the many investors who have lost their life savings in the finance industry mal practices. More >>
A Bad Week For Lombard
Thursday, 15 April 2010, 3:56 pm | EUFA
The Securities Commission today confirmed that it has laid criminal charges against Lombard Finance & Investments directors Sir Douglas Graham, Michael Reeves, William Jeffries and Lawrence Bryant. More >>
EUFA Meets With Human Rights Commission
Thursday, 15 April 2010, 11:13 am | EUFA
Eufa Representatives are meeting with the Human Rights Commission in Wellington today to demonstrate the states failure to provide protection to investors. The Eufa meeting ironically coincides with the latest proceedings against the high profile company ... More >>
EUFA On Lombard Finance & Investments Ltd
Wednesday, 14 April 2010, 10:01 am | EUFA
In April 2008 the Prime Minister was made aware of alleged misrepresentations made by Lombard at investor meetings. It has taken 2 years since then for proceedings to occur. Slow justice is no justice. More >>
Simon Power's UN Trip A Truth Test
Sunday, 14 March 2010, 12:05 pm | EUFA
If Justice Minister Simon Power intends to tell the whole truth to the United Nations Human Rights Committee next week he will have difficulty to justify his reported statement that, “ New Zealand could be proud of its history in Human Rights and ... More >>
Heads should Role in the Commerce Commission
Thursday, 11 March 2010, 11:34 am | EUFA
Investors want heads to roll and action to be taken in regard to complaints made to the Commerce Commission. The Minister of Commerce has been lied to by the Commerce Commission, the Minister cannot dismiss the Commissions advice to him as an error ... More >>
EUFA calls on Minister to Suspend Donal Curtin
Tuesday, 9 March 2010, 5:20 pm | EUFA
EUFA are calling on Hon Simon Power, as Minister of Justice and Commerce, to suspend Commissioner Donal Curtin from all duties within the Commerce Commission. More >>
EUFA welcome legal proceedings
Tuesday, 9 March 2010, 12:48 pm | EUFA
EUFA welcome the Commerce Commissions announcement as per their media release below. More >>
Government ‘pussy footing’ over Kiwi Saver
Friday, 5 March 2010, 1:21 pm | EUFA
A report today that KiwiSaver is a “safe bet” is to be feared. “Bet” relates to gambling, which is what investors are currently doing, unknowingly, when they invest their savings in KiwiSaver. The powers that be and associated parties are, ... More >>
Investors will demand Bill of Rights
Thursday, 4 March 2010, 9:36 am | EUFA
Investors must demand deliverance of the Bill of Rights, as Authorities are responsible without doubt for the Finance Industries lack of compliance and many Directors and shareholders are walking away with other people’s money. More >>
Companies Office Revelation
Wednesday, 18 November 2009, 2:42 pm | EUFA
Media Release: 18 November 2009 EUFA (Exposing Unacceptable Financial Activities Inc Soc) www.eufa.co.nz More >>
