Curtin faces more legal action over Vestar dealings

A further set of legal action are being taken against economist and Commerce Commission member Donal Curtin relating to his involvement with defunct financial advisory firm Vestar.

Curtin chaired Vestar's investment committee.

The commission says this is the second set of proceedings filed against Curtin.

"These are further to proceedings filed in the Auckland High Court last year on similar matters, and are issued by private parties.

"Until all of the proceedings are resolved, Curtin has been allocated to tasks that do not involve him in decision-making related to enforcement actions under either the Fair Trading Act or Credit Contracts and Consumer Finance Act.

"Other steps are being taken to ensure that conflicts of interest will not arise," the commission says in a statement.

It refused to make any further comment on the matter at this time.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

SKL - Skellerup delivers record earnings
BLT - Strong 1Q27 supports growth outlook
AIA - FY26 Annual Results
August 20th Morning Report
FBU - Fletcher Building returns to profit, EBIT up 26%
NZX - NZX Board appoints Hishaam Mirza as Chief Executive
August 19th Morning Report
SCT - Scott Secures NZ$20m of Global MHL Contracts
SPK - Spark appoints Vince Hawksworth as Chair
August 18th Morning Report