Auckland Standards Committee 5 v Hong [2020] NZLCDT 5 [pdf, 265 KB]
...purchase funds for the property were paid to the vendor’s solicitor on 1 August 2006 but the transfer of title to the property did not take place for another two years namely 31 July 2008. Mr Hong provided $585,000 to the purchase personally or through a company under his control, Orano Developments Limited. CLT paid a further $50,000 to Mr Hong on 11 February 2009. [9] Title was not taken in the name of the trustees of CLT, but Mr Hong effected the transfer to Ms D and himself...